Fortius Capital Launches Outdoor Hospitality Acquisition Initiative
Fortius Capital, a real estate private equity and development company, launched a new property acquisition initiative in mountain and resort markets including Colorado, Utah, Idaho and Oregon.
The firm is actively acquiring entry-level housing and outdoor hospitality assets that meet the following criterion: 50-plus site RV parks, 40-plus site manufactured housing communities, 10-plus unit multifamily opportunities, or entitled land zoned for selective assets in mountain and resort markets. Transaction sizes typically range between $2,000,000 to $25,000,000.
“We understand that in today’s market environment, sellers may be struggling to maximize the value of their original property investment, and our firm is well equipped to help. Our team endeavors to forge partnerships that resonate with the diverse financial narratives of our clients, whether amplifying investment returns, securing retirement, optimizing cash flow or navigating tax intricacies,” said Mike Pearson, Fortius Capital’s founder and president.
Fortius Capital has a long and notable history of developing accessible housing products across Colorado’s western slope, the company said. As Eagle County residents, local investors and outdoor enthusiasts, the firm is closely connected with the real estate solutions needed most in mountain and resort communities, like the Vail Valley. Recent projects include River Dance, the Vail Valley’s newest outdoor hospitality destination, Two Rivers Village, a 130-acre lakefront single family bedroom community, Aspen Ridge, a 110-unit single family subdivision within Buckhorn Valley, and Rocky Mountain Commerce Park, a 28-acre light industrial subdivision adjacent to the Eagle County Regional Airport in Gypsum, Colorado.
“Our approach harmonizes the aspirations of sellers with the broader goals of mountain communities,” said Rick Cherry, Fortius Capital’s vice president of marketing. “We’re in the business ensuring every asset is a mosaic of mutual success and desirability for sellers, municipalities, investors and future end users.”
Fortius said it has demonstrated an organization-wide proficiency in creating hybrid RV/extended stay facilities with the active management of the River Dance development. River Dance’s formal expansion will begin this spring, significantly enhancing lodging availability in the Vail Valley.