CHICAGO—Witness Investment and Hotel Equities (HE) announced the launch of Jali, a hospitality real estate investment platform focused on providing individual investors access to development, acquisition, and investment opportunities. This platform enables accredited investors to access hospitality investments selected by a team of multi-generational hoteliers. The Jali investment platform is a joint effort between Witness Investment and Hotel Equities.
As multi-generational hoteliers, Witness Investment’s Principals Sagar Patel and Aakash Patel bring hotel investment and operational experience to the newly launched platform. Joining forces with Hotel Equities rounds out the Jali partnership through the addition of Fred Cerrone and Brad Rahinsky. The platform, with the support and guidance of Jali’s team, will provide investors the opportunity to invest in hospitality deals from sponsors.
“As we were discussing the formation of this platform, a big emphasis early on was to provide more than a transactional platform for our community of investors,” said Sagar Patel. “Education is a core foundation of what we are trying to build. Whether it is specifics on the meaning of hotel investment acronyms, current headwinds and their impact on hotel operations, or planning considerations when building a real estate portfolio, we want to provide a forum for investors to learn and evolve their strategy and investment acumen as they build an investment portfolio for themselves and their families.”
The Jali platform was developed in partnership with Capstacked founder Marshall Clark, who previously led the development of the investor recruitment platforms at both Crowdstreet and Cadre, two investment platforms whose combined HNW equity investments total nearly $5 billion.
“This is an ideal time to launch the Jali platform. Whether we are dealing with stabilized assets or institutional grade developments, hospitality CRE allows for predictable yields throughout the asset’s life cycle,” said Rahinsky.