Overview
Frontier Development was founded in 1998, originally as a residential real estate development and investment company. 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 $200 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 Master 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. After a ten-year period of several successful luxury residential and multi-family acquisition and development projects, Mr. Charles, at the age of 36, had led Frontier to its first hotel investment. The firm has since grown to over a nine-figure portfolio of Hilton and Marriott Internationally branded hotel assets across six states.

His accomplishments have been recognized as one of the 2019 Black Enterprise largest 100 Black-Owned Businesses in the nation; 2019 Outstanding Entrepreneur Award by the Caribbean American Heritage; The 2016 Deal of Year Award for the DoubleTree by Hilton Largo, MD, presented by NABHOOD; the 2010 Entrepreneur of the Year awarded by NAMD; the 2010 Outstanding Hotelier Award presented by the Asian American Hotel Owners Association; 2009 Hotel Owner of the Year Award; and the 10 People Under 40 to Watch in 2010 awarded by the Philadelphia Tribune Magazine. He has performed speaking engagements throughout the country for several professional organizations and has been featured in various publications including Hotel Business, Lodging Magazine, Black Enterprise & Business Journals across multiple cities.

He has an endowed scholarship in his name at Temple University targeting underserved students, supports many philanthropic causes and serves as a mentor to many. He is also a member of Temple University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive Council (REEC), as well as industry organizations such as the National Alliance of African American Hotel Owners and the Asian American Hotel Owners Association.

Projects


April 6, 2018

Homewood Suites by Hilton Largo-Washington DC

  Frontier recently completed the construction of a new 116 key Homewood Suites by Hilton, delivering its newest development project. It is located
March 25, 2018

Westin BWI Airport

  Frontier acquired the Westin hotel at the Baltimore Washington International airport in 2018.  This Upper Upscale hotel features 260 guest rooms, 10,000 square feet of […]
December 29, 2015

Embassy Suites Columbus OH

Frontier and Kana Hotels partnered on this hotel real estate venture and acquired the 221 key Embassy Suites from RLJ Lodging Trust in October 2015.
December 29, 2015
Hampton Inn

Hampton Inn at Vanderbilt University, Nashville, TN

    Along with its strategic partner, Frontier capitalized and acquired this 167-key core asset as a part of a two-property Nashville, TN portfolio at the […]
December 29, 2015
Hampton Inn Nashville

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
Double Tree Hotel Largo

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 by Hilton Largo/Washington, DC which opened on […]
December 29, 2015
Fairfield Inn Atlanta

Fairfield Inn by Marriott
Downtown Atlanta, GA (Past)

  Frontier redeveloped this asset in 2012 while partnering with a best in class hotel management company. This 156,000 square foot, historic, adaptive reuse 156 all […]
December 29, 2015
Comfort Inn Martinsville

Comfort Inn
Martinsville, VA (Past)

  Originally acquired as a Holiday Inn Express then converted to a Comfort in 2010. This 26,000 square feet, 70 room hotel in Martinsville, Virginia, is […]
December 29, 2015
Smythe's Corner Condominiums Downtown Philadelphia

Smythe’s Corner Condominiums Downtown Philadelphia (Past)

Redevelopment of a historic 15 unit mixed use building, located in the heart of Old

Partners


Hilton is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. The company’s portfolio includes seventeen world-class global brands and an award-winning customer loyalty program, Hilton Honors. Hilton currently has 912,960 guestrooms in their 5,685 properties across 113 territories and countries globally. Hilton operates 17 brands within their portfolio that reaches over 85 million Hilton Honors members.

Marriott is a leading lodging company with nearly 7,000 lodging properties across 130 countries and territories. Marriott International operates and franchises over 30 hotel brands; 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. With over 92 years of hospitality experience, Marriott provides guests with industry-leading amenities and distinctive stays all over the globe.

Intercontinental Hotel Group is a global hotel company whose goal is to create Great Hotels Guests Love. They currently have a portfolio of 842,759 rooms in over 5,656 hotels in nearly 100 countries and territories around the world. IHG are most well known for their brands like Holiday Inn, Staybridge Suites, Crowne Plaza and Intercontinental, but the company’s growth focus has expanded their umbrella of brands to 16 total brands. With their well-balanced portfolio reaching each segment of the hotel industry, the company boasts a steady market position and the ability to provide a robust lodging experience to a variety of travelers.

News

July 6, 2018
cnbc logo

Frontier Development & Hospitality Group Acquires The Westin Baltimore Washington Airport – BWI

Hotel Investment Firm, Frontier Development & Hospitality Group LLC Acquires The Westin Baltimore Washington Airport – BWI
March 26, 2018
breaking ground

Frontier Development Breaks Ground on $20MM Homewood Suites in Largo MD

    Prince George’s County will soon welcome its first Homewood Suites by Hilton, thanks to Frontier Development & Hospitality Group. Frontier broke ground
December 23, 2015
Embassy Suites entrance

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
caricature of Evens Charles

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

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
Market Watch

Frontier Development Opens DoubleTree by Hilton/Washington DC

DoubleTree by Hilton Largo – Washington D.C. Opens, Marking the First Upscale, Full-Service Hotel in Largo, Maryland MCLEAN, Va., May 28, 2015 (BUSINESS WIRE)
December 23, 2015
NAMD

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
December 23, 2015
aries capital

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

Aries Capital is pleased to announce that Jeff Bucaro, Senior Vice President, from the firm’s
December 23, 2015
Comfort Suites logo

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 […]

CONTACT

1101 30TH ST. NW SUITE 500 WASHINGTON DC 20007

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