A national hospitality firm specializing in investment, construction, brokerage, management and consulting – newGen Commercial was created by a group of well-seasoned real estate professionals who are also owner/operators. Understanding the unique challenges of hotel development and operations, our team can recognize, evaluate and execute all hotel projects from time of conception to the point of consistently high STR performance.
Embracing the Japanese business concept of Kaizen – continual process improvement, newGen Commercial continually evaluates our work process to ensure that we are achieving both time and cost effective results. As fellow owner/operators we understand tight timelines and limited budgets and as such, make a concerted effort to under promise and over deliver.
newGen Commercial not only understands past and present industry standards and performance, we also look to the future. Understanding the evolution of the industry allows us to continually maximize a properties market position. Due to public perception and political change green building is a key industry trend. Green building requires a careful balancing act- how do we maximize our development/rehab dollar today to increase our properties perceived value and revPAR tomorrow. We want to be out in front of regulatory change, not continually catching up – Change leaders not followers!