How Two Architects Transformed a Closed Hotel into a Wellness Retreat

21/05/2025 1h 15min Episodio 2
How Two Architects Transformed a Closed Hotel into a Wellness Retreat

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Episode Synopsis

In this episode of The Captain Curt Show, architects Josh & Diana share their journey from traditional careers to boutique hotel owners, revealing how they raised over $2 million, closed in just 60 days, and created the Terra Palm Springs hotel—a unique luxury wellness concept in a competitive market."We wanted to create a model that didn't exist in Palm Springs... We analyzed the market and saw an opportunity that others were missing." - DianaKEY HIGHLIGHTS:• 00:00 - Introduction to Josh & Diana's background• 04:32 - Transitioning from traditional architecture careers to real estate investing• 12:31 - Why they decided to pursue boutique hotels as their niche• 21:28 - Finding mentors and joining the right mastermind• 30:58 - How they identified the perfect hotel property in Palm Springs• 38:02 - Selecting the right partners for commercial real estate ventures• 43:01 - Managing the renovation process and operational systems• 48:43 - The vision behind their luxury wellness concept• 1:02:59 - Their thoughts on next steps and future growthQUESTIONS ANSWERED:• What makes boutique hotels a unique investment opportunity right now?• How can you identify undervalued properties with potential for transformation?• What funding structures work best for rapid commercial property acquisition?• How do you select the right partners for large-scale projects?• What specific metrics should you track when evaluating potential hotel properties?• How can architects leverage their design expertise in commercial real estate?Josh & Diana aren't just sharing theories—they're actively running their 13-room boutique hotel in Palm Springs with an ADR (Average Daily Rate) of $450, applying their architectural expertise to create a distinctive brand in the luxury wellness market.ABOUT THE CAPTAIN CURT SHOW:The Captain Curt Show brings you actionable insights on real estate, business, and wealth-building. Host Curt Marker interviews successful entrepreneurs to extract the exact strategies that are working RIGHT NOW.New episodes every Wednesday.CONNECT WITH US:Instagram: @thecaptaincurtWebsite: https://www.captaincapital.comTikTok: @thecaptaincurtLinkedIn: https://www.linkedin.com/in/curtismarker/Invest in Real Estate with Captain Capital: https://captaincapital.com/invest/CONNECT WITH JOSH & DIANA:Instagram: @d.i.fiWebsite: designinvestfi.comHotel Website: https://www.terrapalmsprings.comDon't forget to SUBSCRIBE for new episodes every Wednesday!#RealEstateInvesting #BoutiqueHotels #WealthBuilding #CommercialRealEstate #HospitalityInvestment #PassiveIncome #Entrepreneurship #BusinessStrategy #FinancialFreedom #RealEstatePortfolioCONNECT WITH US:Instagram: @thecaptaincurt TikTok: @thecaptaincurt YouTube: https://www.youtube.com/@thecaptaincurt_ Website: www.captaincapital.com Invest With Curt: Start Here: https://www.captaincapital.com/invest P.S. If you're enjoying the show, do us a favor—leave a review and give us a 5-star rating. It's free, takes 30 seconds, and helps us reach more listeners who need this kind of no-fluff insight.