Hospitality Developmental Fund II, LLC
Closing June 30th. 2026
Accredited Investors | $50,000 Minimum
About The Offering
Hospitality Developmental Fund II, LLC is a Regulation D 506 (c) offering that intends to make investments in undeveloped and developed hospitality-related real estate projects concentrated in high growth areas of the US. The Fund will identify suitable properties for development as well as existing facilities for repositioning. The Fund may also loan money to our associates for multiple phases of development, or to aid in the purchase of existing income-producing properties.
Our management team and its affiliates have decades of combined experience in due diligence, retail sales, and underwriting for various types of securitized real estate offerings, and our associates have developed, owned and operated billions worth of hospitality properties.
The Fund invests in projects that are contracted with highly respected brand names. Our selected operators and contractors are well established and have proven positive track records throughout multiple market cycles.
Our investors will receive benefits associated with hospitality real estate ownership through high quality professional management, without the hassle of being responsible for daily operations, and the worry of any form of unforeseen recourse.
Offering Highlights:
Target Equity Raise:
$20,000,000
Minimum Investment Amount:
$10,000 Unit / 5 Unit Minimum
($50,000)
Fund Life:
5-6 Years
Mission:
Develop, purchase, reposition, or loan money to hospitality-related projects.
Distribution:
The Fund will pay Unit Holders all entitled cash distributions generated by income-producing properties as approved by the Manager. The Fund anticipates to have a mix of development projects and stabilized income-producing properties. The Fund may have multiple liquidity events throughout its life that will consist of return of initial capital and capital gains. Upon the disposition of properties, whether be the entire portfolio or part, the Fund will first pay Unit Holders a cumulative preferred return of 8%, plus 85% of all remaining gains produced. Management anticipates a tax efficient 6 -7% yield throughout the life of the Fund, with a 12 - 15% average annualized total return. *
*There are no guarantees that theses results can be achieved. Actual earnings could be higher or lower based on interest rate environment and real estate market conditions.
Current Projects
Hyatt Studios New-Build
Port Charlotte, Florida
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Situated on 4.08 acres with all entitlements secured, the site is positioned for an immediate construction start.
Construction is projected to span 12-14 months from groundbreak.
Revenue stabilization is targeted during the second year of operations.
Once stabilized, refinancing into a permanent loan can deliver a return of capital to investors without diluting ownership.
Hyatt Place Ft Myers @ The Forum
Ft Myers, Florida
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* The acquisition includes a $4,798,000 brand-mandated Property Improvement Plan (PIP).
The asset is being acquired at a 15% to 20% discount to estimated replacement cost, presenting a compelling entry point into one of Florida's fastest growing hospitality markets.
The Business Plan is to complete the renovation, reposition operations and sales to drive revenue and increase profit margins to make it again the #1 hotel in the market.
Hotel Amenities
Holiday Inn Express Tampa Brandon
Brandon, Florida
Managing Board
Hospitality Developmental Fund, LLC is managed by Veterans Real Estate Consulting Group, LLC and its Board of Directors.
Alan T. Lane - Managing Director and Board Chairman
Alan serves as Managing Partner of Veterans Real Estate Consulting Group, LLC. Alan also serves as Co-Manager of Hospitality Portfolio Management, LLC.
Sue A. Howell - Chief Operating Officer
Sue serves as President of Veterans Real Estate Consulting Group, LLC and Board Member.
Advisory Board
Paul Stanton
Paul is an Advisory Board Member and currently holds the position of Vice President at Commonwealth Hotels, a premier hotel management company that effectively operates a diverse range of premium hotel brands across the nation. He is also engaged with Hospitality Portfolio Management, a fully integrated company specializing in real estate investment, development, construction, and management. With over 25 years of experience in Hospitality and Development for international operations, Paul has worked with renowned brands such as Disney, Hilton, Marriott, and Choice.
Michael McKinley, Esq.
Michael has been an attorney for more than four decades practicing in several areas. including real property, commercial loans, zoning, planning and land use, business law, administrative law, and education law. Throughout his career, Michael has developed extensive experience in local government, real estate, business and land development, and corporate law. He finds guiding public school districts through challenges especially rewarding.
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Jeff Criswell
Jeff brings a rare combination of discipline, leadership, and strategic thinking to the real estate industry—qualities forged during a distinguished 12-year career as an NFL offensive lineman and strengthened through more than 30 years of commercial and residential real estate development, funding and brokerage experiences. After retiring from the National Football League, Jeff transitioned seamlessly into real estate, applying the same work ethic, preparation, and team-focused mindset that defined his athletic career. Over the past three decades, he has built a reputation as a highly skilled developer and trusted advisor, assisting clients in acquisition, sale, development, and funding of high-value real estate assets.
Hospitality Developmental Fund II, LLC
The projects depicted are proposed to be Fund investments depending upon the amount of capital raised. The Fund may invest in some or all of these projects, or other projects not depicted in this website.
The Fund has a collaborative association with Developmental Real Estate Solutions, LLC, Hospitality Portfolio Management, and Commonwealth Hotels to identify hotel properties that they believe will provide positive returns to members of the ownership group, including the Fund.
The properties identified will be owned by a special-purpose vehicle entity (“SPV”), that would typically include the Fund in a minority equity position. (Alternatively, the Fund may be a secured lender to the SPV if the Manager deems that position to be preferable.) Commonwealth would be engaged to provide management services under a standard industry contract.
This does not constitute an offer to buy or sell any security. Securities may be offered only through a Private Placement Memorandum (the "PPM"). Investments in securities are not suitable for all investors. Investment in this or any security may involve a high degree of risk and investors should review all “Risk Factors” in the PPM before investing. In addition, investors should perform their own due diligence before considering any investment. Neither the Securities and Exchange Commission nor any other state or federal regulatory agency has reviewed this offering or passed upon the merits of or given its approval to any securities offered or the terms of this offering. Past performance and/or forward looking statements are never an assurance of future results. Investments in real estate are subject to known and unknown risks, uncertainties and other factors, and should be considered only by sophisticated investors who can bear the economic risk of their investment for an indefinite period and who can afford to sustain a total loss of their investment.
© 2026 by Hospitality Developmental Fund, LLC. All rights reserved.