Basin Energy Hospitality Group, LLC

Two Nationally flagged, all suites extended stay hotels in Bakken Oil Field with IRR of over 50%! Plus, 48 unit condo complex & more!

  • Stage Product In Development
  • Industry Travel
  • Location Alexandria, MN, USA
  • Currency USD
  • Founded March 2012
  • Employees 2

Company Summary

Basin Energy Hospitality Group is developing several properties in western North Dakota, including 2 nationally franchised extended stay hotels, an upscale 48 unit condo/apartment complex, a 45K sf climate controlled storage facility with limited first floor office space, and a future retail shopping center. This rapidly expanding market is in dire need of niche specific lodging, higher end apartments, climate controlled storage & office space.

Team

  • Douglas A. Bean
    Chief Manager

    Doug has been involved in all aspects of commercial real estate for over 30 years. He started in shopping mall management and has been involved commercial leasing, sales, corporate site selection & disposition, development and construction. Prior to starting Doug Bean Development three years ago, Doug was Sr. Vice President of a leading Chicago area commercial real estate and development fim. Doug's complete resume is available upon request.

  • Bruce E. Erickson
    Manager

    Bruce has been Founding Partner in several real estate development and investment partnerships including hotel and vacation properties, mid-rise residential condominiums, vacation condominium conversions and self-storage properties for over 37 years. He has specialized in site selection, acquisition, development, leasing and sales of retail, office, industrial, recreation and hospitality properties. Bruce’s resume is available upon request.

  • Douglas Bean

Advisors

  • David Weigman, Messerli & Kramer P.A., Minneapolis, MN
    Lawyer
    Unconfirmed

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