novolp.com - Novo Lodging Partners LLC

Description: About Us Novo Lodging Partners is a private real estate investment firm founded in 2022 by Gil Murillo and Rick Moceri. Our principals combine for nearly $10B of hospitality/lodging-specific investment experience and have a combined 40+ years of investment experience.

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EXPERIENCE

Novo Lodging Partners is an entrepreneurial real estate investment firm founded in 2022 focused on hotel and resort investments. The firm’s principals have collectively completed $9 billion in hotel and resort transactions, including the acquisition of over 75 assets with a total capitalization of $8 billion. The investments spanned the United States within approximately 50 individual markets, included over 25 hotel brands and independents across all chain scales, and involved business plans and investment

The principals’ experiences span the entire spectrum of the investment lifecycle, including opportunity sourcing, underwriting, due diligence, financing, closing, business plan creation and execution, asset management, and disposition, at both vertically integrated institutional investment firms and sponsors/operating partners.