Dennis Maynard

Dennis Maynard is a California Realtor Broker and has over 17 years of experience. He began as a top sales agent at Keller Williams Hollywood Hills, and continued gaining experience in residential, property management, commercial, and hotel development.

In 2011, Dennis played a key role in the Ace Hotel project at the United Artist Theater and Old Texaco Office Building in downtown Los Angeles. Representing the developers and investors in the transaction, Dennis worked diligently on the conceptualization of the project, financial underwriting, attaching the hotel brand, investor, and developer to the project, negotiations with the sellers, and managing the transaction process. The total capitalization of the project was estimated at $65 million, with a sale 4 years later from an unsolicited offer at approximately $103 million.

Following 2011, Dennis pursued many properties in downtown Los Angeles. In 2013, Dennis partnered with a local developer for the acquisition and development of a 12-story historical building with basement at 1023 S. Broadway. The project would have entailed 305 key hotel with 65,000 square feet in creative office space and ground floor retail. As a development partner, Dennis was responsible for project conceptualization and initial design, Highest and Best Use Analysis, financial underwriting, and onsite coordination. The group partnered with investors in 2013, placing the property into escrow. In 2015, the investment group received an offer, and assigned the right to purchase to another investor. The new investor closed on the project in spring of 2016. Total estimated project costs, $155 million.

Dennis also worked for a developer on a consultant basis in 2015 for the Soho Warehouse project in downtown Los Angeles Warehouse District. In 2014, Dennis conceptualized the Giannini Square project to be a boutique hotel in downtown Los Angeles. Working with a local developer on the acquisition, the project was purchased by Sydell Group.