XPROJECT™
DEVCO™ Owns the Execution. You Own the Asset.
Transforming under-optimized specialty properties into disciplined, experience-led real estate assets.
Investors & Partners
Aligned Capital
Participate in real-estate-backed projects where execution, operations, and experience are owned end-to-end by DEVCO™.
Long-term hold mindset
Disciplined underwriting and operations
Experience-driven value creation
Direct accountability, not passive speculation
Families & Private Owners
Ownership Without Burden
For families who want to own meaningful properties—without managing teams, projects, or hospitality operations.
Direct or structured ownership
DEVCO™ as owner-operator
Elevated use for family, gathering, and legacy
Access to a private, aligned network over time
Owners & Sellers
Stewardship-Minded Transitions
For owners of strong assets seeking elevation, operational discipline, or a thoughtful transition.
Creative acquisition structures
Operational control prioritized
Long-term alignment over quick exits
What XPROJECT™ Is
XPROJECT™ is the execution initiative within DEVCO™
DEVCO™ is the operating company
XPROJECT™ is the acquisition, partnership, and execution platform
Each asset is built to stand alone financially while contributing to a broader network over time
This is not a fund.
This is not a brand experiment.
This is a disciplined owner-operator platform.
From What a Property Is to What it Can Be
XPROJECT™ exists to do the hard work most owners and investors avoid:
Identifying the right assets
Structuring acquisitions with control
Elevating design, systems, and experience
Operating with discipline and clarity
Turning places into durable, profitable environments
We don’t outsource accountability.
We take responsibility—from acquisition through operation.
Target Asset Profile
We focus on existing properties with strong fundamentals and clear potential for experience-driven elevation.
Typical assets include
Boutique hotels, lodges, ranches, or estate-style properties
Urban or mixed-use buildings with residential and hospitality components
10–50 units / keys or equivalent scale
Existing or near-term cash flow
On-site or easily enabled gathering, dining, and recreation
Distinct location, views, or architectural character
We are drawn to assets that are operationally or experientially under-optimized—but fundamentally sound.
Disciplined Operations
DEVCO™ operates each XPROJECT™ asset with a focus on control, simplicity, and repeatability.
Primary revenue
Premium nightly stays
Full-property buyouts for private retreats and gatherings
Secondary revenue
Curated programming and experiences
Food and beverage operations
Limited, invite-only participation models
We control the on-site experience end-to-end and use off-site lodging only when necessary.
Operating principles
Profit First
Open-book management
Lean teams and strict cost controls
Long-term stewardship over short-term optimization
Financial Discipline
Each XPROJECT™ asset must succeed on its own.
Target profile
Stabilized gross revenue: $3–5M annually
Target EBITDA: 25–35%
Net profit goal: $1M+ annually
Stabilization timeline: 12–24 months
Future platforms and memberships enhance value—but are never required for asset viability.
Control Before Complexity
Preferred structures include:
Direct acquisition
Seller financing or earn-outs
Phased ownership with early operational control
Strategic partnerships where DEVCO™ controls operations and experience
We align best with owners and partners who value stewardship, clarity, and long-term value creation.
Building a Network
Each XPROJECT™ asset serves three purposes:
- A profitable, standalone hospitality business
- A blueprint for future regional assets
- A foundation for long-term community, programming, and impact platforms
Over time, DEVCO™ intends to develop a network of properties across multiple regions-each connected by shared standards, values, and experiences.
Start the Conversation
If you’re aligned as an investor, owner, or family—and value execution over speculation—we welcome a direct conversation.