Our people are the key to success.  When you invest with Midas Hospitality, you’re investing in a team that’s driven to serve.

We are investors, asset managers, relationship builders and hotel experts. We excel at discovering and recognizing opportunity, which is both an art and a science. Targeting high growth locations and assets with significant upside potential, we focus on hotels located in sub-markets with high barriers to entry and multiple demand generators – at an attractive price.

We love what we do, and it shows in the results we deliver to our financial partners

 

Meet Some of our Leadership Team

Eric Goettelmann – President – Midas Capital 

Eric leads Midas’ investment operations, underwriting and equity funding. He has 10+ years accounting and finance experience as well as an MBA from Washington University in St. Louis.

Eric has a growing family with his wife, Jackie, who also owns and operates the beloved boutique, Milk & Honey, based in Wildwood, MO.

 

Stephen Metherd – VP of Development

Steve is responsible for real estate development functions including site selection, master planning, zoning, design, construction, financial analysis, and overall project management. He holds a BA in Architecture from the University of Kansas and MBA from Washington University. Steve is a registered architect in the state of Missouri, enjoys home improvement, cooking, golf, and snow skiing.

 

Ryan Blum – General Counsel

Ryan is responsible for all legal, risk and compliance functions, as well as supporting interrelated business affairs and the strategic initiatives of the enterprise. He earned his BS in International Business from Northwest Missouri State and his MBA and JD from Saint Louis University. He is a certified Commercial Lines Coverage Specialist. Ryan is married to his wife, Jennifer, and has three daughters. He enjoys golf, music and reading.

 

Capital Team

Jared Stinehagen – Head of Asset Management

Jared joins Midas Capital with over a decade of commercial real estate experience in multiple asset classes. His work in sales, brand development, operational management, real estate investing, and asset management have resulted in more than $900MM in acquisitions and development. From his experience identifying, underwriting and leading the asset management of acquisitions and developments throughout the investment lifecycle, he brings a wholistic approach to drive value for each property and fund. Similarly, Jared brings operational management expertise to the team and works to ensure the investment group optimizes workflow and communication to increase investment opportunities for Midas Capital. Jared serves as Vice President of the Board for Cecilia’s Advice, a non-profit in Indianapolis serving the National Phelan-McDermid Foundation. He earned a Bachelor of Science in Business Administration from Webster University in St. Louis.

Marco Zhang – Investment Associate

Marco has nearly 15 years of financial analysis, business development and asset management background in the hospitality industry. Prior to joining Midas Hospitality, he served in various managerial capacities in the United States, Hong Kong, and China. Marco earned his Master of Management degree in Hospitality with a concentration on Real Estate Finance and Investment from the School of Hotel Administration at Cornell University in Ithaca, New York. He is also Charted Financial Analyst (CFA) with extensive skill sets in equity research and corporate finance.

 

Patrick Cronin – Project Manager, Owner’s Representative

With extensive experience in profit and loss planning, management, and sales, Patrick brings a unique set of skills as an owner’s representative. He has more than a decade of military leadership and management across the globe working with international teams through the Marine Corps and now United States Army Reserves. He earned his BBA, MA, and MBA from Webster University in St. Louis. Patrick enjoys spending time with family, sports, traveling, and yard work. He is an avid shooting sports enthusiast and delights in trying a new beer or cigar.

 

Greg Sobeck – Project Manager, Owner’s Representative

Greg brings decades of project management acumen through coordination of architects, engineers, and third-party consultants. His support of real estate development spans hospitality, multi-family residential, and retail projects. He attended the United States Merchant Marine Academy earning a BS of Marine/Mechanical Engineering and served as a United States Merchant Marine Officer. Greg enjoys being with his family, tinkering in the garage, and fishing.

 

Chris Holtsman – Assistant Project Manager

Between supply chain management, construction management, and a strategic mindset, Chris is equipped to assist in project management efforts. He attended the University of Missouri in St. Louis where he received his BS in Business Management. He served in the United States Marine Corps in supply chain management. Chris enjoys a round of golf, bowling, hunting, and assists with youth soccer, wresting, baseball and tennis.

 

Andrew Bardot – Controller

Andy oversees the accounting department and financial reporting. He attended Washington University in St. Louis earning a BSBA, and the University of Missouri where he completed his MBA. Andy is also a Certified Public Accountant. He enjoys golf, the St. Louis Cardinals and traveling with his wife, Megan and their daughter Cordelia.

 

Angie Becker – Accounting Manager

Angie oversees all monthly and yearly financial reporting for our properties. She holds over 15 years of accounting experience and earned her BS at Iowa State University where she grew up. Angie is an avid Cyclone fan and enjoys quilting.

 

Peter Kim – Project Accountant

Peter monitors project progress, investigates variances, approves expenses, and ensures that project billings are issued. He prepares monthly financial statements for specific entities and has a focus on cash projections to effectively manage balances. He received his MBA from Maryville University and is a Certified Public Accountant. Peter is a fan of all thing’s sports.

 

Andrew Thompson – Capital Markets Associate

Andrew is a key point of contact and liaison with our investors and banking partners. He earned a BS in Business Administration from the University of Missouri in Columbia. Andrew likes watching Mizzou and any St. Louis sports teams. He enjoys golfing and trying out new local restaurants.

 

Lucas Kupfer – Junior Analyst

Lucas primarily focuses on researching and gathering financial data, creating a strong support system for our Analysts making it possible for goal achievement. He attended Webster University in St. Louis Missouri where he earned a BA in Economics, and a BA in Management. Lucas enjoys music, fitness, and a competitive chess game.

 

Nolan Herbst – Junior Analyst

Nolan assists with the overall analysis of our properties. His focus is on the forecasting of future performance, and research of future projects and markets. Nolan attended Missouri S&T in Rolla Missouri where he earned his BS in Economics. He enjoys playing golf, fishing, and watching sports.

Contact Info

Our Approach

Why Partners Invest With Midas Hospitality

  • 01

    Reputation

    Our reputation and relationships provide exclusive deal flow and insider access to great brands and locations with high growth potential.

  • 02

    Roots and Boots

    With roots and boots on the ground in the desired regions we know the sub-market dynamics in order to acquire and develop hotel assets at the right time in the right places.

  • 03

    Aligned Interests

    Our interests are aligned at the outset as we support the investments with a financial commitment from the General Partner, personal debt-guarantees and an investor-first distribution structure.

  • 04

    Award-Winning Team

    Our people have made us a "Top 35 Hotel Owner and Developer in the US" enabling us to acquire, develop, manage, grow and sell properties with peak performance.

Our Funds

Based on our substantial and diverse experience in the industry, we acquire, develop, manage, and sell hotels in a fund structure.

Midas Hospitality manages all Midas Fund owned hotel assets. Our vertically-integrated structure maximizes revenue and profitability of each asset and our regional focus areas, talent experience, operational strengths, and market relationships further enhances efficiencies.

Midas Hotel Fund

The Midas Hotel Fund seeks to invest in well-positioned hotels with multiple demand generators (“Core-Plus”), existing cash flows with minimal capital improvements needed, targeting the top 150 MSAs throughout the Midwest and Southern regions. Additionally, up to 25% of the fund may invest in development opportunities with strong potential for enhanced yields (“Light, Value-Add”.)
Learn More

Midas Opportunity Zone Fund II Closed

This project is located in Lancaster California within the Antelope Valley in a growing city of 170,000 people. Lancaster’s downtown is thriving with hundreds of millions in construction capital spent since 2010.
Learn More

Midas Opportunity Zone Fund Closed

This Project will be the first hotels in the Cortex Innovation (“Cortex”) and Prospect Yards communities, located within the Central West End (“CWE”) and Midtown districts of St. Louis, MO. These hotels will be the preferred lodging choice among corporations and leisure travelers to these communities. We anticipate the Aloft opening in late 2019 and the Element in early 2020.
Learn More

Our team knows the industry and our diversified portfolio of hotel brands in the upscale select-service and extended-stay hotel categories provide meaningful long-term value to investors.

Our Brands

Brand Power Matters.  Midas has long standing relationships with Marriott, Hilton and IHG groups.

Brand power not only drives premier system standards, effective brand segmentation and strong loyalty programs, it also holds strong resale value and investor confidence. There are over 300 million members of hotel loyalty programs fueling consumer demand.

Whether you have a hotel to sell or capital to invest we'd enjoy connecting with you.

Want to learn more?

Let's Talk

These materials and the matters set forth herein are confidential and may not be disclosed to any third party without the written consent of Midas Hotel Fund, LLC. These materials contain no representations or warranties, and all representations and warranties (whether express or implied) are hereby expressly disclaimed.

Certain statements included or incorporated by reference in these materials constitute “forward-looking statements.” Such statements are generally identifiable by the terminology used, such as “plan,” “believe,” “expect,” “estimate,” “anticipate,” “intend,” “projected,” “budget,” “may,” “will,” “would,” “should,” “could,” or other similar words. In addition, all statements in these materials, including forward-looking statements, speak only as of the date they are made, and we do not undertake any obligation to update any statement in light of new information or future events.

THE ACHIEVEMENT OF CERTAIN RESULTS OR OTHER EXPECTATIONS CONTAINED IN SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS DESCRIBED TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. WE DO NOT PLAN TO ISSUE ANY UPDATES OR REVISIONS TO THOSE FORWARD-LOOKING STATEMENTS IF OR WHEN THEIR EXPECTATIONS, OR EVENTS, CONDITIONS OR CIRCUMSTANCES UPON WHICH SUCH STATEMENTS ARE BASED, OCCUR.

Indications of past performance are no guarantee of future results. These materials do not constitute an offer of any type (including, without limitation, an offer of any securities (including, without limitation, an offer of any securities [including any of our securities]), a contract, a commitment, an undertaking or any other binding obligation or limitation on the part of any person in any respect. Unless set forth in a separate written agreement signed by the parties to be bound thereby, nothing in these materials creates an enforceable right or obligation on anyone’s part.

Open Agreement