Discover Our Success Stories: Transformative Partnerships, Tangible Results.
Healthcare
Innovative Spaces Supporting Care and Well-Being.
Laredo Emergency Room
Location
Laredo, Texas
Year
2015 - Present
Built from the ground up in 2015, the Laredo Emergency Room was Gyani Capital’s first move into the healthcare space in Texas. The Laredo Emergency Room is a state-of-the-art, fully licensed, freestanding medical care facility staffed with board-certified physicians.
The 8,000-square-foot, $3.2-million purpose-built space offers patients a convenient alternative to traditional hospital-based emergency rooms, which can often be overwhelmed and have long wait times.
One of the highest-performing emergency rooms in South Texas, the Laredo Emergency Room had an EBITA of over $12 million in 2023 and consecutive year-over-year growth of approximately 20%.
While we initially leased the space after it was first constructed, Gyani Capital, serving as general partner, bought the entire strip retail complex in which the Laredo Emergency Room is located for approx. $4.0 million in 2021.
McAllen Emergency Room
Location
McAllen, Texas
Year
2016 - Present
Constructed in 2016, the McAllen Emergency Room is an 8,000-square-foot,$6-million emergency care center that operated for approximately two years before the business entered bankruptcy and was closed.
Leveraging the earlier success of the Laredo Emergency Room, Gyani Capital purchased the facility in 2019.
This fully licensed center offers 24/7 service with board-certified doctors and responds to patient demand for a more predictable emergency room experience.
With an EBITA of over $6 million in 2022 and year-over-year growth of roughly 25%, the McAllen Emergency Room has established itself as one of the top-performing emergency rooms in the region.
San Antonio Emergency Surgery Center
Location
San Antonio, Texas
Year
2021 - 2023
Built in 2009 as an emergency care facility, the Emergency Surgery Center in San Antonio is a 6,400-square-foot property that was shuttered in 2017.
Gyani Capital, serving as a general partner, purchased the complex in May of 2021 for approximately $1.4 million and invested roughly $500,000 in capital improvements in order to upgrade and reposition the facility as a surgery center.
The facility was recently sold for $4.8 million.
Retail
Destinations that Drive Engagement and Growth.
New York City
Location
Various Locations in Manhattan, NYC
Year
2011 - Present
Since 2011, Gyani Capital has developed and partnered on fifteen retail projects in four out of five boroughs in New York City, with a majority of them located in Manhattan.
These completed projects were led exclusively by Gyani Capital through the entire development cycle: predevelopment and design, construction, lease-up, and asset management. Each site required review and approval from various New York City governing bodies, including local community boards, the Department of Consumer Affairs, the Department of Transportation, and the Public Design Commission. Despite this arduous process, Gyani Capital was able to launch these retail outlets 24 to 36 months after their conception.
A summary of locations and operational dates is provided below:
Broadway & West 93rd St. (Upper West Side, NYC) / 2022
Sheridan Ave. & East 161 St. (Bronx, NYC) / 2021
East 25th Street & Lexington Ave. (Gramercy, NYC) / 2021
West 125th St. & Lenox Ave. (Harlem, NYC) / 2019
8th Ave. & West 44th St. (Midtown: Times Square, NYC) / 2019
West 44th St. & 9th Ave. (Hell’s Kitchen, NYC) / 2018
Jerome Ave. & Elliot Place (Bronx, NYC) / 2018
Flatbush Ave. & Atlantic Ave. (Brooklyn, NYC) / 2018
West 34th St. & 9th Ave. (Hudson Yards, NYC) / 2018
West 34th St. & 10th Ave. (Hudson Yards, NYC) / 2017
10th Ave. & West 15th St. (Meatpacking District, NYC) / 2017
Chambers St. & West St. (Tribeca, NYC) / 2016
10th Ave. & West 20th St. (Chelsea, NYC) / 2015
Franklin Ave. & Main St. (Queens, NYC) / 2014
9th Ave. & West 17th St. (Meatpacking District, NYC) / 2014
Laredo Strip Mall/Retail Center
Location
Laredo, Texas
Year
2019 - Present
Acquired for $2.6 million in 2019, this 39,000-square-foot strip commercial center was constructed in 1990 and is prominently located on McPherson Road, one of Laredo’s most visible arterial streets.
Anchored by a trampoline park, which was operated by Gyani Capital, this office/retail warehouse complex has thirteen units and sits on a 2.82-acre parcel.
After an initial occupancy of 67% at the time that it was purchased, Gyani Capital, serving as general partner, recently sold this strip center for $3.9 million with 100% occupancy.
Dale Shine Car Wash
Location
Laredo, Texas
Year
2018 - 2021
In 2018, Gyani Capital, serving as general partner, acquired the former Magic Car Wash facility for $1.55 million, a 16,000 square-foot property in Laredo that had failed and closed.
Rebranded as Dale Shine Car Wash, Gyani Capital invested $1.2 million in rehabilitating and repositioning the property, including modernizing the entire car wash system, upgrading the electrical and plumbing services, and overhauling the customer waiting area.
Operationally, Gyani Capital launched a subscription-based plan, which was able to capture a significant share of customers from older car washes in the area that were still using a fee-for-service model exclusively.
Within one year of making these improvements, Gyani Capital received multiple offers from larger car wash parent companies to acquire the upgraded facility.
Ultimately, Gyani Capital sold Dale Shine Car Wash for $5.7 million only fourteen months after making its initial investment.
Residential
Creating Functional and Timeless Living Environments.
Rancho Viejo Apartments
Location
Laredo, Texas
Year
2018
Located in the northern end of Laredo, Rancho Viejo Apartment acquisition was a rehabilitation of a 46-unit multifamily development complex. Originally constructed in 1993, this property includes three one-bedroom units and 43 two-bedroom units spread across eight, two-story buildings serving folks in the local workforce and affordable rents.
With a 63% occupancy rate when it was acquired in the fall of 2018, Gyani Capital, serving as general partner, undertook roughly $45,000 of capital improvements per apartment. The scope of work called for new flooring, plumbing, appliances, bathrooms, and air conditioning systems in every unit. Common area upgrades included investments in the swimming pool, security systems, roofing, parking area improvements, new exterior paint, and bringing the complex’s staircases up to code.
As part of this renovation work, Gyani Capital installed LED lighting, ENERGY STAR appliances and low-flow showerheads, which reduced utility costs while helping to make Rancho Viejo more energy and water efficient. Gyani Capital also improved the property’s operational performance by adding an on-site management office, and by investing in management a system web-based that streamlined the leasing process and minimized the time units sat vacant at turnover.
After making these improvements, the property’s occupancy rate jumped to its current level of 97% with a waiting list. Seeing an unmet demand for turnkey apartments, Gyani Capital has also realized a 15-30% rent premium for the roughly 15% of units they brought to the market fully furnished.
Hospitality
Elevating Guest Experiences Through Smart Design and Vision.
Laredo Staybridge Suites
Location
Laredo, Texas
Year
2021 - Present
Gyani Capital, along with an experienced hotel partner, acquired the 111-room Laredo Staybridge Suites in August of 2021 in a $10.6-million transaction. This 71,500-square-foot, three-story property, which is located five minutes from the Laredo International Airport, was built in 2005 and then renovated in 2015. Staybridge Suites are designed to accommodate extended stays as all rooms are equipped with apartment-style amenities including a refrigerator, dishwasher, sink, stove, and plates/glassware. The Laredo Staybridge Suites features an exterior pool, dining area, business center, and fitness room.
From a leadership perspective, Gyani Capital partnered with a seasoned hotel owner/operator with decades of experience who has built and sold more than ten properties. At the same time, the property’s management team was also overhauled with industry-leading staff that implemented a more efficient labor scheduling and staff training system to minimize overscheduled or underutilized employees and improve the staff onboarding experience.
Gyani Capital also lowered the property’s operating expenses by investing in ENERGY STAR appliances throughout the property, training staff to turn off lights after each cleaning, and encouraging guests to reuse their towels.
Currently, the property is achieving an occupancy rate in the low to mid-90s compared to the competitive set, which according to a recent industry-wide sales report, is in the mid-80s. As of February 2023, the Staybridge Suites is commanding a Revenue Per Available Room (RevPAR) that is ten dollars higher than comparable properties, $126 versus $116 per night.
