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The North Central Group is a Madison-area developer, owner and operator of "focused service" hotels built on enduring principles and an unbridled passion for hospitality and real estate development. We have high expectations of anyone who chooses to join this team in the relentless pursuit of our mission.
Founded in 1981 by our Chairman and CEO, David A. Lenz, we currently manage more than 25 hotels under multiple franchise brands within the families of Hilton and Marriott Hotels throughout the Midwest and Southwest. Dave Lenz brings more than 30 years of experience to the operation of The North Central Group, including extensive knowledge of hotel development, income property finance, and management. Managing nine hotels and in excess of 1,100 guest rooms in the greater Madison, Wisconsin, market alone makes us one of the largest hotel companies in the area.
Now made up of three entities - North Central Management, Inc., North Central Mortgage, Inc., and North Central Group Hotel Investors, LLC, - our expertise and experience enable us to develop, finance and operate hotels that guests want to visit again and again.
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. Every hotel we operate has a common thread running through it - our company's emphasis on quailty and 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. If you are not completely satisfied, your stay is on us."
We take great pride in the culture we have created across our portfolio. We operate in an environment in which our team members at every level are fully engaged and understand the line of sight between what their job responsibilities are and the overall success of each hotel. We are very proud that we have been able to find success walking the fine line between professionalism and fun.
Management At North Central Management, Inc., positive performance is an absolute. It's an indication of success, and our hotel owners expect it. Our Gross Operating Profit (GOP) percentage results in our owners and investors experiencing a positive return on their investment. 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 just as much 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
- Research and target market positioning
- Property inspections and quality controls
- Renovation services and Property Improvement Plan (PIP) execution
- Revenue Analysis and Management
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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Development, Renovation, Construction Management, and Design North Central Group Hotel Investors, LLC, has developed over 50 select and full-service lodging facilities over the last 30 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
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 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.
For additional details about specific ways we help other hotel owners, visit www.ncghotels.com/services. 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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