Rhea Hospitality is building a North Carolina boutique hotel brand, starting in the Triangle. We developed and have operated The King's Daughters Inn in downtown Durham for 7 years, and are opening the Mayton Inn in downtown Cary before the end of the year. We are seeking $3M to expand into Raleigh, North Carolina. Our overarching strategy involves acquiring historic properties well under market value, and leveraging historic tax credits and Federal and State incentives to lower costs and cash flow more quickly. We are building our brand, BoutiqueNC.com, defined as a unique experience for travelers and events, that is driven by 4-Diamond luxury and interesting historic locales.