What is Pride Construction?
Established in 1984, Pride Construction, LLC has carved a niche by concentrating exclusively on hotel projects since its inception. With a portfolio exceeding 100 hotels, the company showcases extensive expertise in constructing various hospitality brands, including Hampton Inns, Homewood Suites, Hilton Garden Inns, and Courtyard & Fairfield Inns. Pride Construction has demonstrated its capability by establishing a presence in over 18 states, positioning itself as a reliable partner for hotel development.
How much funding has Pride Construction raised?
Pride Construction has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Pride Construction?
The large-scale, late-stage funding context suggests Pride Construction is poised for significant expansion or major project acquisitions. This strategic capital infusion is likely to fuel further development of its hotel construction pipeline, potentially enabling the company to take on larger, more complex projects or expand its geographic reach. The company's long-standing focus and proven track record in hotel construction indicate a strategic deployment of these new resources to solidify its market leadership and capitalize on emerging opportunities within the hospitality industry.
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