GTB Group

Our Assets

Portfolio

A curated collection of boutique hospitality assets across supply-constrained U.S. markets — each representing a distinct conversion thesis and a disciplined, founder-led value-creation strategy.

Operating Assets

Stabilized properties generating returns across key U.S. markets.

South Lake Chalet
Legacy Repositioning

South Lake Chalet

South Lake Tahoe, CA

10 Studios | 1 Three-Bedroom

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Casa Jardin
Office-to-Hospitality

Casa Jardin

Santa Barbara, CA

11 Studios | 1 One-Bedroom | 1 Two-Bedroom

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Casa Riviera
Office-to-Hospitality

Casa Riviera

Santa Barbara, CA

24 Studios | 3 One-Bedrooms | 3 Two-Bedrooms

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Casa De La Vina
Office-to-Hospitality

Casa De La Vina

Santa Barbara, CA

11 Studios | 4 Two-Bedrooms

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Casa Castillo
Office-to-Hospitality

Casa Castillo

Santa Barbara, CA

3 Studios | 2 Two-Bedrooms

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Renovation & Repositioning

Legacy assets undergoing targeted capital improvements and brand repositioning.

Park Chalet
Legacy Repositioning

Park Chalet

South Lake Tahoe, CA

9 Studios | 4 One-Bedrooms | 1 Two-Bedroom

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Lakeside Chalet
Legacy Repositioning

Lakeside Chalet

South Lake Tahoe, CA

17 Studios | 1 Two-Bedroom

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Bella Notte
Boutique Conversion

Bella Notte

Santa Cruz, CA

12 Studios

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Mirabelle Inn
Legacy Repositioning

Mirabelle Inn

Solvang, CA

15 Studios | 1 One-Bedroom

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Adaptive Reuse & Development

Office, retail, and commercial conversions in active development.

Casa Iglesia
Adaptive Reuse

Casa Iglesia

Santa Barbara, CA

31 Studios | 3 One-Bedrooms | 3 Two-Bedrooms

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Casa Santa Barbara
Office-to-Hospitality

Casa Santa Barbara

Santa Barbara, CA

50 Studios | 8 Two-Bedrooms | 1 Retail Space

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Casa Haley
Office-to-Hospitality

Casa Haley

Santa Barbara, CA

38 Units (Entitled)

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Casa Mission
Office-to-Hospitality

Casa Mission

Santa Barbara, CA

33 Units (Permitting)

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Legacy Repositioning·South Lake Tahoe, CA

South Lake Chalet

10 Studios | 1 Three-Bedroom

Overview

Boutique Tahoe asset repositioned from legacy motel inventory into chalet-style accommodations.

Value Creation Strategy

Modernize interior product and implement centralized systems to support ADR growth and margin expansion.

Execution Highlights

  • Interior modernization
  • Studio-focused layout optimization
  • Revenue management implementation
  • Centralized booking and operations
South Lake Chalet — photo 1 of 4
Office-to-Hospitality·Santa Barbara, CA

Casa Jardin

11 Studios | 1 One-Bedroom | 1 Two-Bedroom

Overview

Former office building fully entitled and converted into 13 boutique hospitality units with condominium mapping for individual unit optionality.

Value Creation Strategy

Unlock structural upside through office-to-hospitality conversion and legal restructuring.

Execution Highlights

  • Office-to-hotel entitlement
  • Complete interior redevelopment
  • Condominium map approval
  • Centralized hospitality operations
Casa Jardin — photo 1 of 4
Office-to-Hospitality·Santa Barbara, CA

Casa Riviera

24 Studios | 3 One-Bedrooms | 3 Two-Bedrooms

Overview

12,000 sq ft office building converted into boutique hospitality property featuring underground garage and elevator addition.

Value Creation Strategy

Execute large-scale adaptive reuse with structural improvements to elevate property class and guest experience.

Execution Highlights

  • 12,000 sq ft office-to-hotel conversion
  • Underground parking garage
  • Elevator addition
  • Full interior redevelopment
  • Unit mix diversification
Casa Riviera — photo 1 of 6
Office-to-Hospitality·Santa Barbara, CA

Casa De La Vina

11 Studios | 4 Two-Bedrooms

Overview

8,000 sq ft office/retail property converted into boutique hospitality units with rooftop deck addition.

Value Creation Strategy

Transform underutilized commercial square footage into diversified hospitality inventory while enhancing experiential amenities.

Execution Highlights

  • Office/retail-to-hotel conversion
  • Rooftop deck addition
  • Interior modernization
  • Unit mix optimization
Casa De La Vina — photo 1 of 4
Office-to-Hospitality·Santa Barbara, CA

Casa Castillo

3 Studios | 2 Two-Bedrooms

Overview

Originally a 4,000 sq ft office building entitled and converted into five hospitality units, stabilized and sold, and later re-acquired.

Value Creation Strategy

Unlock zoning arbitrage through adaptive reuse while preserving long-term value through strategic re-acquisition.

Execution Highlights

  • Office-to-hospitality entitlement
  • Full interior conversion
  • Stabilization and disposition
  • Strategic re-acquisition
Casa Castillo — photo 1 of 3
Legacy Repositioning·South Lake Tahoe, CA

Park Chalet

9 Studios | 4 One-Bedrooms | 1 Two-Bedroom

Overview

Down-to-the-studs renovation repositioning legacy motel inventory into boutique chalet-style hospitality.

Value Creation Strategy

Increase ADR and length-of-stay potential through kitchenette additions and conversion of non-revenue space.

Execution Highlights

  • Full interior demolition and rebuild
  • Addition of kitchenettes
  • Fireplace installations
  • Conversion of lobby space into guest accommodations
Park Chalet — photo 1 of 2
Legacy Repositioning·South Lake Tahoe, CA

Lakeside Chalet

17 Studios | 1 Two-Bedroom

Overview

Full-scale renovation of Tahoe motel asset into modern chalet-style accommodations.

Value Creation Strategy

Maximize revenue per square foot through layout refinement and premium finishes.

Execution Highlights

  • Down-to-the-studs renovation
  • Kitchenette additions
  • Fireplace installations
  • Conversion of common areas into guest space
Lakeside Chalet — photo 1 of 3
Boutique Conversion·Santa Cruz, CA

Bella Notte

12 Studios

Overview

Coastal asset undergoing conversion and key count expansion through elimination of non-revenue space.

Value Creation Strategy

Increase total revenue capacity by converting underutilized square footage into guest units.

Execution Highlights

  • Conversion of former lobby into guest rooms
  • Conversion of manager's unit into guest rooms
  • Increase from 10 to 12 units
  • Interior modernization
Bella Notte — photo 1 of 2
Legacy Repositioning·Solvang, CA

Mirabelle Inn

15 Studios | 1 One-Bedroom

Overview

Hospitality asset expanded through conversion of office, restaurant, and attic space into additional guest units.

Value Creation Strategy

Increase key count and asset value through square-footage optimization.

Execution Highlights

  • Conversion of ground-floor office space
  • Conversion of former restaurant space
  • Attic redevelopment
  • Expansion from 12 to 16 units
Mirabelle Inn — photo 1 of 3
Adaptive Reuse·Santa Barbara, CA

Casa Iglesia

31 Studios | 3 One-Bedrooms | 3 Two-Bedrooms

Overview

18,000 sq ft former church fully entitled and under construction for boutique hospitality redevelopment.

Value Creation Strategy

Unlock entitlement and density upside through adaptive reuse in a supply-constrained market.

Execution Highlights

  • Full entitlement approval
  • Structural reconfiguration
  • Courtyard-centered design
  • Complete interior redevelopment
Casa Iglesia — photo 1 of 1
Office-to-Hospitality·Santa Barbara, CA

Casa Santa Barbara

50 Studios | 8 Two-Bedrooms | 1 Retail Space

Overview

Multi-building office portfolio fully approved for hospitality conversion along the State Street corridor.

Value Creation Strategy

Reposition obsolete office inventory into boutique lodging while integrating retail frontage.

Execution Highlights

  • Office-to-hotel entitlement execution
  • Large-scale structural repositioning
  • Unit density optimization
  • Retail component integration
Casa Santa Barbara — photo 1 of 1
Office-to-Hospitality·Santa Barbara, CA

Casa Haley

38 Units (Entitled)

Overview

21,000 sq ft office building positioned for boutique hospitality conversion.

Value Creation Strategy

Capture zoning and density arbitrage through office-to-hospitality conversion.

Execution Highlights

  • Entitlement approval
  • Unit reconfiguration planning
  • Hospitality-focused layout redesign
Casa Haley — photo 1 of 1
Office-to-Hospitality·Santa Barbara, CA

Casa Mission

33 Units (Permitting)

Overview

Two-site office acquisition positioned for adaptive reuse hospitality conversion.

Value Creation Strategy

Maximize density and structural upside through coordinated entitlement strategy.

Execution Highlights

  • Multi-site entitlement planning
  • Office-to-hospitality conversion design
  • Unit density optimization
Casa Mission — photo 1 of 2