Rounding out our coverage of the hedge fund real estate market, today’s article looks at hedge fund hotels. (Be sure to check out our other real estate articles “A Look at London Hedge Fund Real Estate” and “Is Midtown Still the NYC Hot Spot?”)
Hedge Fund Hotel: No, you can’t spend the night…
…But you can spend a year (or more or less). A hedge fund hotel is a fully-managed business office suite that provides high-end space, usually in a premium location, complete with important necessities required to get up and running quickly and efficiently. Hedge fund hotels typically provide premier technology, business solutions, telecommunications, and administrative and business support in an environment that is suitable for hosting potential investors and other important visitors.
Hedge fund hotels are especially advantageous for firms in growth mode, opening a satellite office and/or seeking to simplify operations.
Leasing Flexibility: Commercial leases typically require long-term commitments (5-to-7 years) but hedge fund hotels are usually available in 6-to-12-month leases. This flexibility can be especially attractive to new hedge fund managers focused on securing investor commitments before locking into an long-term lease.
Quick & Simplified Implementation Time: Since space, technology and office services are bundled in one package, managers can expect to become fully operational very quickly.
Technology Services: Premier hedge fund hotels, such as those managed by Eze Castle Integration, offer a state-of-the-art technology environment with a highly-skilled IT support team onsite and available 24x7x365. Some technology services often available include: high-speed Internet access, email services, secure file servers for document storage, and comprehensive disaster recovery protection.
Telecommunications: Telephony services are typically included as part of a hedge fund hotel package.
Business & Administrative Support: At Eze Castle, we provide a dedicated Client Relationship Manager to manage our hedge fund hotel and support clients. This individual is responsible for ensuring that the firm’s technology and operations run smoothly at all times, and acts as a liaison to technology partners and vendors when necessary. This alleviates an often time-consuming responsibility from the hedge fund managers.
From an administrative and amenities area, a hedge fund hotel typically includes a receptionist, conference rooms, a kitchen, and a reception area. These seemingly minor amenities go a long way in presenting a professional, well-established image to potential investors and other visitors.
Hedge Fund Hotel Pictures Please.
Here are a few snapshots of Eze Castle’s hedge fund hotel in NYC.
Eze Castle Integration’s team has deep experience in helping clients evaluate real estate options to determine if they meet the client’s current and future needs. We also know the questions to ask when you're checking out real estate – contact us for assistance.
Our Eze Hedge Fund Hotel is a great option for clients seeking temporary space.
Finally, if you're launching a hedge fund be sure to download our Hedge Fund Launch Kit – it is getting rave reviews.