Liberty Group Closes $56.3M Private-Equity Real Estate Investment Fund

TAMPA, FL—Liberty Group has closed on its recent private-equity real estate investment vehicle, Liberty Hospitality Fund II LP. 

Launched in January, Liberty Hospitality Fund II LP exceeded its targeted raise of $50 million in equity with nearly $72 million in subscription agreements from high net worth individuals and family offices, according to the company.

Liberty Hospitality Fund II LP closed on May 1 with $56.3 million in accepted commitments representing more than $165 million in leveraged equity and debt capital to be invested in the select-service and extended-stay hospitality sector throughout the U.S. over the next three years.

“We are grateful for the continued confidence in our platform and our proven investment strategy that the Liberty Group team has been successfully executing for more than three decades. Our significant equity commitment as the General Partner exhibits the high degree of alignment of interests with our limited partners,” stated Punit Shah, Liberty Group’s CEO and principal of the General Partner of Liberty Hospitality Fund II LP.

Since 2010, Liberty Group has acquired 37 hotels throughout the U.S. through programmatic and fund investment vehicles, including Liberty Hospitality Fund I LLC, which closed in 2014 and has been fully invested across approximately $65 million in Marriott, Intercontinental and Wyndham-branded hotel investments.

“The Liberty Group team intends to utilize our long-standing relationships within the hospitality industry to identify acquisition opportunities, and then utilize our operational and asset management capabilities to unlock value in each of our future investments,” added Shah.