Led by former KSL partner Bernard Siegel and investment
veteran Matthew Sparks, the firm has added a partner and prepared to
deploy capital.
WASHINGTON, D.C. – A likely new name to watch on the
acquisition front in 2026 is Washington, D.C.-based P39 Investors, LLC, a
privately held real estate investment management firm with strong access to
capital led by Chairman Bernard Siegel, former KSL Capital Partners partner,
and Managing Partner Matthew Sparks, a former executive vice president at
Hilton Grand Vacations and Park Hotels & Resorts.
Just added to the team is Managing Partner Jonathan Fuisz,
who was a real estate investor and developer with Park Hotels & Resorts and
Hines. Fuisz also has experience as a corporate attorney focused on M&A and
corporate finance transactions.
Sparks told Hotel Investment Today the now 18-month-old
company, formerly known as Front Range Investors until this newly announced
rebrand, has been organizing and waiting for a more opportunistic moment to
start making deals, which they expect will be 2026.
Their deal criteria: generally, full-service and luxury
hotels and resorts located in top-25 MSAs and destinations.
As for capital sources, the size of its target assets will
dictate whether they partner with institutional investors alongside their own
capital.
“Jonathan’s addition represents an important step forward
for our platform,” Sparks said. “His experience, judgment, and alignment with
our long-term values and investment philosophy strengthen our platform and
position the firm well for its next phase of growth.”
“I’m excited to join P39 Investors at a pivotal point in its
development,” Fuisz said. “The firm has built a strong foundation, and the
rebrand reflects a clear vision for the future while staying true to a
thoughtful, value-driven approach.”
Focused on acquiring, transforming and managing high-quality
hotels and resorts through disciplined underwriting, high-impact capital
deployment and active asset management, P39’s leadership has more than 80 years
of combined experience in hospitality investment and development. Cumulatively,
the partners have completed $15 billion of commercial real estate transactions.