Company

Overview
Frontier Development was founded in 1998, originally as a residential real estate acquisition and development firm. In 2009, the firm relocated its offices to Washington D.C, and rebranded as Frontier Development & Hospitality Group shifting its investment focus to lodging assets. It has since acquired and developed hotels assets with a total capitalization of over $125 million, completing over 75 real estate transactions since its inception. The firm’s management team brings expertise in the areas of acquisitions, dispositions, development, construction management, asset management and finance.

Investment Strategy (Acquisitions)
Frontier employs a value-add investment strategy to acquire under-branded, under capitalized or mismanaged assets in growing markets with multiple demand generators. Its targeted sources of capital range from high net worth individuals, to institutional private equity and family offices.

Leadership
Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC. A native of Washington, D.C., Mr. Charles attended Temple University in Philadelphia, Pennsylvania where he was a Big East Conference Division I football athlete. During his five-year athletic tenure at Temple University, he earned a B.A. in Psychology and a Masters of Education. Shortly thereafter, Mr. Charles was inspired by his landlord and began investing in real estate, which lead him to start Frontier. At the age of 25, he executed his first small transaction that required an out of pocket investment of $1,000 resulting in a $25K profit six months later. This transaction was the catalyst that catapulted Mr. Charles into real estate investing. More than 70 transactions later, Mr. Charles, at the age of 36, had led Frontier to its first hotel investment. The firm has since grown to a nine-figure portfolio.

His accomplishments have been recognized with the 2009 Hotel Owner of the Year Award presented by the National Alliance of African-American Hotel Owners, Operators and Developers; the 2010 Next Generation of Business Leaders Award presented by the Urban Philly Professional Network; 2010 Entrepreneur of the Year awarded by the National Alliance of Marketing Directors; the 2010 Outstanding Hotelier Award presented by the Asian American Hotel Owners Association, and the 10 People Under 40 to Watch in 2010, awarded by the Philadelphia Tribune Magazine. He has been featured in various publications such as Hotel Business Magazine, Philadelphia Tribune, Lodging Magazine, Savoy Professional and the Minority Business Entrepreneur Magazine. He is also a member of Temple University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive Council, as well as industry organizations such as the National Alliance of African American Hotel Owners and the Asian American Hotel Owners Association.

Mr. Charles has been recognized as an innovator within the industry. Maintaining a positive community and industry presence, Mr. Charles has endowed a scholarship in his name at Temple University’s Fox Business School for underrepresented students, serves as a keynote speaker to schools and businesses, and mentors aspiring entrepreneurs.

Projects


December 29, 2015

Embassy Suites by Hilton
Columbus, OH

  Frontier and its partner Kana Hotels acquired this 221 key Embassy Suites from RLJ Lodging Trust in October 2015.  Frontier is planning a $6MM transformation […]
December 29, 2015

Hampton Inn Vanderbilt
Nashville, TN

  Along with its strategic partner, Frontier capitalized and acquired this core asset as a part of a two-property portfolio at the base of Vanderbilt University […]
December 29, 2015

Hampton Inn & Suites at Elliston Vanderbilt – Nashville, TN

This 157 key Hampton Inn Vanderbilt Elliston Place is the second part of the two-hotel Nashville portfolio capitalized and acquired by Frontier in October 2014.
December 29, 2015

Doubletree by Hilton
Largo-Washington, DC

  Frontier acquired this former 184-key Radisson hotel and implemented a $6MM chic and contemporary transformation to the new DoubleTree
December 29, 2015

Fairfield Inn & Suites by Marriott
Downtown Atlanta, GA (Past)

  Redeveloped in 2012. This 156,000 square foot, historic, adaptive reuse 156 all suites boutique hotel is centrally located in downtown Atlanta, walking
December 29, 2015

Holiday Inn Express
Carney’s Point, NJ

Redeveloped in 2010. This 30,000 square feet, 78 room hotel is conveniently located at Exit 1 on the New Jersey Turnpike between NY and Washington DC. […]
December 29, 2015

Comfort Inn
Martinsville, VA

  Redeveloped in 2009. This 26,000 square feet, 70 room hotel in Martinsville, Virginia, is home to NASCAR racing, and close to attractions such as the […]
December 29, 2015

Smythe’s Corner Condominiums Downtown Philadelphia, PA

  Developed in 2007. This historic 14,000 square foot, 15 unit mixed use building, located in the heart of Old City, Philadelphia. Walking distance to shops, […]
December 29, 2015

Homewood Suites by Hilton
Largo, MD (Under Development)

Frontier is in the pre-development phase of this 115 suites Homewood Suites to be located adjacent to the DoubleTree by Hilton Largo/Washington DC. 

Partners



Today, Hilton welcomes guests in more countries than any other full-service hotel brand, with more than 540 hotels and resorts in 78 countries across six continents. As the most recognized name in the industry, travelers the world over have been saying “Take me to the Hilton” for almost a century. And because of our innovative approach to products, amenities and service, Hilton continues to be synonymous with hotel across the globe. Hilton Hotels & Resorts remains the stylish, forward thinking global leader of hospitality – and we help make traveling easier with our smart design, innovative restaurant concepts, authentic hospitality and commitment to the global community.

Marriott International, Inc. is a leading lodging company with nearly 3,700 lodging properties in 72 countries and territories. Marriott International operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Bulgari brand names; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands; licenses and manages whole-ownership residential brands, including The Ritz-Carlton Residences, JW Marriott Residences and Marriott Residences; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers.

Intercontinental Hotel Group (IHG) is a global hotel company whose goal is to create Great Hotels Guests Love. We have more guest rooms than any other hotel company in the world – that’s more than 661,000 rooms in over 4,500 hotels in nearly 100 countries and territories around the world. We operate nine hotel brands – InterContinental, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN™ Hotels and HUALUXE™ Hotels and Resorts.

News


December 23, 2015

Frontier Development Acquires Embassy Suites Columbus

Group LLC along with its JV partner Kana Hotel Group has announced its successful acquisition of the Embassy Suites Columbus from RLJ Lodging Trust. The acquisition […]
December 23, 2015

60-Second Profile: Evens Charles, Frontier Development and Hospitality Group

  Evens Charles likes to compare his career to the game of Monopoly. “I’m trading in houses for hotels,” the Washington, D.C., native says. Charles didn’t […]
December 23, 2015

Evens Charles Endows Scholarship at Temple University

  By Fox Public Relations Frontier Development and Hospitality Group’s Founder & Managing Principal, Evens Charles carved a name for himself in the hospitality-focused, real estate […]
December 23, 2015

Frontier Development Opens DoubleTree by Hilton/Washington D.C.

DoubleTree by Hilton Largo – Washington D.C. Opens, Marking the First Upscale, Full-Service Hotel in Largo, Maryland
December 23, 2015

NAMD Recognized
The Entrepreneur of the Year

The National Alliance of Market Developers Entrepreneur of the Year recognizes the true spirit of entrepreneurism. Recipients have demonstrated business success and profitability through the development […]
December 23, 2015

Aries Capital Arranges $7.7 Million Loan For Fairfield Inn & Suites, Downtown Atlanta

Aries Capital is pleased to announce that Jeff Bucaro, Senior Vice President, from the firm’s Chicago office has closed on the financing for a 156-unit, all-suites […]
December 23, 2015

Luxury Hospitality Daily

CHOICE CONTINUES TO RAISE THE DIVERSITY BAR (UNITED STATES) Press release published on 2011-05-26 Grand Opening of Comfort Suites Hotel in Downtown Atlanta this week in […]
December 23, 2015

Baltimore News

NAMD HONORED 4 INCREDIBLE BLACKS IN BUSINESS AT TREMONT (BALTIMORE – April 23, 2010) – The National Alliance of Market Developers, and its sponsors (MillerCoors Brewing […]
December 23, 2015

Rolling Out.com

INDULGE YOUR CREATURE COMFORTS AT DOWNTOWN ATLANTA’S NEWEST HOTEL ATLANTA – Whether you’re interested in business trip, staycation or vacation, Comfort Suites has got you covered […]

CONTACT

1101 30TH ST. NW SUITE 500 WASHINGTON DC 20007

OFFICE 202-350-4333
FAX 202-350-4334
INFO@FRONTIER-DEVELOPMENT.COM