Site Selection
Nothing is more important to the initial or long term success of a hotel than its location and its market area. After selecting sites for over 30 hotels and analyzing over 50 markets, Long and Cox Properties has the experience and know how to make this critical decision.

Acquisition & Contract Negotiation
As an attorney, a broker and a developer, Mr. Long brings all necessary disciplines to a potential project and maximizes your leverage in negotiations. Whether negotiating with an attorney or a seller, Long and Cox Properties partners/clients typicaly have the upper hand.

Feasibility and Market Studies
After completing over 50 feasibility or market studies over the last few years, Long And Cox Properties has the necessary perspective to properly analyze market competitors, demand generators, demographic trends and sites. Long and Cox Properties always analyzes a potential site and market as if it was their investment not just their investors.

Due Diligence Assessment Services
For a hotel to be developed, a site must be studied from a title, environmental, soils, permitting and sometimes impact perspective. Any one of these issues can delay or completely halt a project. Long And Cox tackles these issues under a systematic approach proven over time. With this approach, impossible or costly deals are normally eliminated early on and feasible deals can be developed in a timely and economic fashion.

Financing and Loan Packaging
The financial markets within the hotel industry can change on a weekly basis. Staying abreast of who is financing hotel projects takes someone who is active within the industry. In addition, by understanding what it takes to develop a project, Long And Cox Properties is able to properly present a project to a lender to optimize results.

Program Management and Representation
In working with architects, engineers and contractors, it is easy for an inexperienced hotel development entity to lose control of the timetable and cost of a project. With over 45 years combined experience in development and construction management, Long And Cox acts as a facilitator and monitor for a project or series of projects to keep it cost effective and on schedule.

Value Engineering
In the construction process, the best time to save money or mitigate cost is before construction begins. By directing the various disciplines prior to beginning design work and examining alternatives during the competitive bid or negotiated contract phase, Long And Cox Properties typically can introduce substantial savings.

Site Development
The hardest part of the construction process to regulate and analyze is site development. Long And Cox Properties focuses on this part of the overall construction of a hotel to minimize potential cost and exposure as well as help eliminate unexpected delays in obtaining all municipal approvals.

Asset Management

Once the Hotel is operational, someone has to be there to scrutinize the operator and make certain all the details surrounding the project are carried out. At the start of 2008, we have nine hotels under Asset Management, Long And Cox Properties, Inc. brings considerable value in this area.