A14 Capital invests in upscale select-service and extended-stay hotels primarily affiliated with Marriott and Hilton. The longer-duration income strategy provides for an enhanced current yield by acquiring/developing income-producing hotels with moderate leverage where we can improve operational performance. Our value-add strategy provides for a total return by developing hotels where we reposition and reconfigure them into an institutional quality product and then sell to a broader marketplace. A14 Capital invests in markets characterized by durable demand generators such as major universities, medical centers & diverse corporate sectors/interstates. Our cycle-tested internal competencies help make our investments more efficient, more effective, and more valuable.