The North Central Group is a Madison-area owner, developer and operator of quality hotels built on enduring principles and an unbridled passion for hospitality and real estate development. Founded in 1981 by our Chairman and CEO, David A. Lenz, we currently manage more than 20 hotels under six different franchises. Managing seven hotels and over 850 guest rooms in Madison, Wisconsin, alone makes us one of the largest hotel companies in the area.
We are a company of believers. We believe in our team members, as demonstrated by our Pledge to Our Team Members. We believe in giving our guests and customers exceptional service, as seen in our Promise to Our Guests. We believe in making the most of our hotel owners' investment, which is outlined in our Commitment to Our Owners. We believe in excellence. We proudly stand by our Unconditional 100% Satisfaction Guarantee, which states: "We guarantee high-quality accommodations, friendly and efficient service, and clean, comfortable surroundings. You'll be completely satisfied, or your stay is on us."
Management At North Central Management, Inc., positive performance is incredibly important. It's an indication of success and our hotel owners expect it. With Gross Operating Profit (GOP) percentage outpacing the industry, it's no wonder our owners and investors are smiling all the way to the bank. Profitability certainly isn't a concept unique to The North Central Group. What sets us apart from other management companies, is how we get there.
We realize what it takes to operate a hotel successfully. Our experience runs deep, as does our tenacity for achieving the desired results. We understand the hotel business and the business of hotels. Not only do we make sure profit goals are met, we pay special attention to product and service as well. Now is the time to leverage the strength of our team's knowledge, experience and systems. Whether your real estate portfolio includes economy brands, full service, or somewhere in between, you and your hotel will get our close personal attention. As partners in your success, we offer:
Staffing and training of quality team members
Centralized accounting and cost control systems
Design, installation, and training on management systems
Turn-key budgeting process
Expertise in food and beverage operations
Design and implementation of sales, marketing, and revenue management plans
Property inspections and quality controls
Renovation services and Property Improvement Plan (PIP) execution
To learn more about our hotel management services and what we can do for you, please contact Jonathan Bogatay at 608.662.3606 or
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Mortgage North Central Mortgage, Inc. is the commercial mortgage banking entity within The North Central Group dedicated to serving the financing needs of income property owners, developers and lenders. Our outstanding track record in the placement of construction and permanent financing encompasses a wide variety of property types, including hotels, apartments, industrial/warehouses, office buildings and retail facilities.
Our success comes from our ability to provide clients with a well-rounded and thoroughly tested menu of services, such as:
Rapid analysis of available financing
Access to our nationwide network of qualified lender contacts
Expertise in both real estate finance and development
Proven experience in obtaining loan commitments
A proven history of "making things happen" financially has helped us meet the challenges of the ever-changing financial services industry. And our unfailing dedication to service has enabled us to continue to thrive, even in uncertain economic times.
If we can help you with your property financing needs, please contact Chuck Iverson at 608.662.3603 or
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Development North Central Group Hotel Investors, LLC, has developed over 30 select - and full-service lodging facilities over the last 25 years, and continues to evaluate new development and acquisition opportunities throughout the United States.
Development, conversion, and rehabilitation services we provide include:
Economic and market feasibility analysis
Proforma income and expense feasibility and construction cost analysis
Conversion and rehabilitation of existing hotels
Joint venture and partnership structuring
Zoning, legal, and governmental coordination and approval
Ensemble of design team specialists
FF&E specifications and purchasing
Assistance in identifying and obtaining franchises
Financing arrangements through affiliate, North Central Mortgage, Inc.
If you have information on any potential development opportunities, locations or property acquisitions, please contact Jeff Lenz at 608.662.3607 or
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