Midas Hospitality, a leading hotel development, management and investment firm raised $35 million in four months for its Opportunity Zone fund, largely from St. Louis area investors.
Midas Hospitality has been tapped to develop a hotel in the Los Angeles area, marking a shift in strategy from the company's focus on underserved markets.
Midas Capital, an investment company specializing in hotel acquisition and development, recently acquired its first property only four months after opening for investor subscriptions.