DoveHill Enters Savannah with Preferred Equity Investment in Boutique Hotel Redevelopment

FORT LAUDERDALE, Fla., June 18, 2025 /PRNewswire/ -- DoveHill, a vertically integrated hospitality-focused real estate investment firm, is pleased to announce its preferred equity investment in the redevelopment of a historic hospitality asset in the heart of Savannah, Georgia's Historic District. The project will deliver The Sabal House, a 64-key independent luxury boutique hotel, and marks DoveHill's strategic entrance into one of the Southeast's most dynamic and culturally rich hospitality markets.

The investment supports the transformation of the former President's Quarters Inn—currently a 16-key property—into a fully redeveloped and expanded 64-key hotel. Located on prestigious Oglethorpe Square and directly across from the Owens-Thomas House, the hotel will blend historic charm with a modern, boutique sensibility. A new 42-key wing will be constructed alongside 22 renovated keys in the original structure, culminating in a thoughtfully designed luxury destination that reflects Savannah's unique character.

Charles Paloux, Chief Investment Officer of DoveHill, said, "We've been actively looking for a strategic entry point into Savannah, and this project checked every box—location, sponsorship, design, and timing. It's a compelling hospitality investment in a market with deep fundamentals, limited new supply, and rising consumer demand for distinctive stays."

The hotel will feature Oak Steakhouse by Indigo Road Hospitality Group, offering breakfast, dinner, and room service. This will enhance the guest experience and optimize the property's revenue profile. Additional guest conveniences include a nearby garage partnership to support valet parking.

A Strategic Investment Vehicle for DoveHill

"This is a premier, shovel-ready opportunity in one of the most attractive historic markets in the Southeast," said Jake Wurzak, Founder and CEO of DoveHill. "With high barriers to entry, booming tourism demand, and a deeply experienced sponsorship team, Sabal House is exactly the type of project that aligns with our preferred equity investment strategy. Our investment provides both downside protection and the potential for strong asymmetric returns."

DoveHill's preferred–equity platform is engineered to deliver equity–level returns with debt–like downside protection. By concentrating on sub–$20 million hospitality assets—an investment band often ignored by larger private–equity funds—the program embeds a secured minimum multiple and IRR floor in every deal while tapping current cash flow. What began amid the 2020 dislocation now benefits from fresh catalysts: elevated interest rates, looming debt maturities, and deferred capex have amplified the supply of sponsors seeking flexible capital. These dynamics allow DoveHill to structure asymmetrical investments that safeguard principal yet preserve meaningful upside, simultaneously channeling off–market opportunities to investors.

"Our preferred–equity structure pairs downside security with meaningful upside, creating capital solutions that accelerate deal flow for sponsors and superior outcomes for investors," added Jake Wurzak, CEO of DoveHill.

About DoveHill

Established in 2011 and headquartered in Fort Lauderdale, Florida, DoveHill is a premier real estate investment firm specializing in hospitality, industrial, and preferred equity strategies across the United States. With a proven track record exceeding $1.5 billion in transactions across over 19 hotel investments, DoveHill leverages a hands-on approach, operational expertise, and proprietary sourcing capabilities to identify opportunities in high-growth, supply-constrained markets. The firm excels in acquiring underutilized assets and implementing innovative strategies to create enduring value and superior returns for its partners and investors.

For more information about DoveHill:
Website: www.dovehillcos.com
Investor Contact: [email protected]
Media Contact: Clare Feraer – [email protected] - (+1) 215-995-4590

SOURCE DoveHill Capital Partners LLC