JP
Jake Puryear
Managing Partner at Elevation Hospitality Partners LLC
· Washington, DC; Austin, TX
Check size
Undisclosed
Lead stage
Value-add
Deals tracked
0
Sectors
Hospitality, Lodging
Hospitality
Lodging
Hotels
Value-add
United States
About Jake
Jake Puryear is Managing Partner at Elevation Hospitality Partners LLC, a US-focused value-add investment firm specializing in hotels and hospitality-related assets. He leads the firm's investment strategy and portfolio management in the hospitality sector
Investment thesis
Value-add operating partner focused on unique lodging-related investments
Elevation Hospitality Partners is a value-add operating partner and advisor focused on select lodging investments in gateway markets and high-growth sunbelt markets. The firm executes on four value-add levers—rebranding, repositioning, repurposing, and recapitalizing assets—across branded or independent properties at the service scale spectrum. Beyond direct investments, the firm provides comprehensive advisory services including transaction support, asset management oversight, and capital/renovation planning. With over five decades of combined lodging investment experience and $10 billion+ in prior transactions, the firm combines disciplined deal sourcing with operating expertise to unlock value in overlooked hospitality opportunities
Investment philosophy
Elevation Hospitality Partners is a hands-on operating partner and advisor seeking to unlock the value of well-located assets acquired below replacement cost in select global gateway and high-growth US markets.
Investment focus
Elevation Hospitality Partners pursues value-add investment opportunities in US hotels and hospitality-related assets, focusing on operational improvements and asset optimization
Areas of expertise
How to approach Jake
Value-Add Approach — Hands-on operating partner and advisor focusing on lodging investments in known markets.
Market Focus — Key US markets including New York, Boston, Chicago, Hawaii, Orlando, San Francisco/Bay Area, and Washington DC.
Asset Types — Branded or independent properties, single assets, portfolios, or companies across service scale spectrum.
Frequently asked
Does Jake Puryear invest at Value-add stage?
Yes. They invest at Value-add stage.
Their geographic focus includes United States.
What is their typical check size?
Check size is not publicly disclosed. They currently invest through Elevation Hospitality Partners LLC.
What sectors does Jake Puryear focus on?
Jake Puryear primarily invests in Hospitality, Lodging, Hotels.
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