acquisition and restoration
Stage
West Texas Big Bend Historic Hotel Portfolio
Project
CooperWynn Capital successfully closed a $30.6 million multi-tranche capitalization on March 16, 2026, for Four Yucca, LLC, and its development partner, Byways Hospitality. This financing is designated for the acquisition and restoration of the West Texas Big Bend Historic Hotel Portfolio. The portfolio includes three assets: the 28-room Holland Hotel in Alpine, the 30-room Hotel Limpia in Fort Davis, and the 21-room Maverick Inn in Alpine, totaling 79 guestrooms and two restaurants. This capitalization enables the revitalization of these historic properties, enhancing the hospitality infrastructure in the Big Bend region of Texas.
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Deal Analysis
The $30.6 million multi-tranche capitalization closed by CooperWynn Capital on March 16, 2026, targets a specific niche within the U.S. hospitality sector: the revitalization of historic properties in West Texas. This financing enables Four Yucca, LLC, and its development partner, Byways Hospitality, to acquire and restore the Big Bend Historic Hotel Portfolio. The portfolio comprises three distinct assets: the 28-room Holland Hotel and the 21-room Maverick Inn, both located in Alpine, alongside the 30-room Hotel Limpia in Fort Davis. This capital infusion directly supports the enhancement of hospitality infrastructure across the Big Bend region of Texas, focusing on properties totaling 79 guestrooms and two restaurants. The multi-tranche structure suggests a tailored financing approach designed to meet the varying needs of an acquisition combined with a restoration project, potentially mitigating risk for CooperWynn Capital while providing flexible capital for the developers. This deal prioritizes the preservation and commercial viability of established local landmarks over new construction, a strategy that can appeal to both heritage tourism and regional economic development in West Texas.
As the lender, CooperWynn Capital's $30.6 million commitment to Four Yucca, LLC, and Byways Hospitality positions it as a financier supporting regional hospitality infrastructure in the United States. Four Yucca, LLC, as the borrower, secures the necessary capital to execute the acquisition and restoration of the three West Texas properties. Byways Hospitality, acting as the development partner, will leverage this capitalization to oversee the physical revitalization of the Holland Hotel, Hotel Limpia, and Maverick Inn. This collaboration allows for the specialized focus on historic hotel assets within the Big Bend region, a strategy that could yield returns from a growing interest in unique, experience-driven travel. The deal's emphasis on existing, historic assets in Texas suggests a calculated approach to value creation through refurbishment rather than ground-up development, aligning the interests of the lender with the developers' restoration expertise.
- CooperWynn Capital provided $30.6 million in multi-tranche capitalization.
- The deal closed on March 16, 2026, for properties in West Texas.
- The portfolio includes three historic hotels: Holland Hotel (28 rooms), Hotel Limpia (30 rooms), and Maverick Inn (21 rooms).
- Total portfolio capacity is 79 guestrooms and two restaurants across Alpine and Fort Davis, Texas.
- Four Yucca, LLC is the borrower, with Byways Hospitality as the development partner.