facebook
Go ProSubmit a deal
Submit
OTO Development

OTO Development

Investorcompany

Member since October 2024

Rob Rain
Website
Website

$151M

Volume

$55M

Sold

$96M

Financed

2

Closed

182K sf

Area
AI SummaryBeta

OTO Development focuses on hotel investments and has recently closed 4 deals. Notable transactions include the $31.5M acquisition of Beachcomber Beach Resort and securing a $96M refinancing loan from Fifth Third Bank.

AI-generated from Traded deal data. May contain errors.

About

OTO Development, part of The Johnson Group, is a private company that develops, owns, and operates upscale select-service hotels throughout the continental United States. Founded in 2004 and partnering with the Hilton, Hyatt, IHG, and Marriott brands, OTO’s industry leadership position is anchored by a portfolio of excellent hotels staffed by exceptional people. Company growth is focused on developing new hotels in high-barrier-to-entry markets; purchasing and repurposing existing hotel properties; and expanding third-party management relationships. Every OTO associate is an integral part of a team focused on providing an exceptional guest experience. We take pride in our hotel properties, our role in the communities where we live and work, and the superior work environment we provide. When you join OTO, your contributions have a direct impact on your workplace and on the experience of our guests. OTO is a growing company with a bias toward action and an impressive record of accomplishment. We seek individuals who want an environment in which they are recognized for their accomplishments and rewarded for individual and group successes. OTO provides competitive pay and benefit... Read More

Top Deals

FINANCED
Share this deal
Open in a new tab
OTO Development Secures $96 Million Refinancing Loan From Fifth Third Bank For Hotel In Garment District
New York | Hotel | PPSF: $796
Rob Rain
08/27/2025
SOLD
Share this deal
Open in a new tab
Rob Rain Of OTO Development Acquires Beachcomber Beach Resort From Karim Alibhai For $31.5M
Florida | Hotel
KA
Rob Rain
05/08/2026
SOLD
Share this deal
Open in a new tab
Corry Oakes Of OTO Development Acquires Hotel In Fort Walton For $23.6M
Florida | Hotel | PPSF: $384
Leo Reilly
David Altman
Robert Hunter
02/28/2022
SOLD
Share this deal
Open in a new tab
Rob Rain Of OTO Development Acquires Hyatt House Dallas/Uptown Hotel With 141 Keys
Texas | Hotel
Rob Rain
09/08/2025

Focus

Hotel

Sale

Markets

On the web

Website

LinkedIn

FAQs

OTO Development has financed 2 deals.

OTO Development's most recent deal was on August 27, 2025.

OTO Development's largest deals include a sale of $23,620,100.00 for 380 Santa Rosa Boulevard, Fort Walton Beach, Florida 32548, United States, and a loan of $96,000,000.00 for 252 West 40th Street.
Member since: October 2024

Deals

SOLD

Rob Rain Of OTO Development Acquires Beachcomber Beach Resort From Karim Alibhai For $31.5M

6200 Gulf Boulevard, St Pete Beach, FL

FLCRE
KA
Rob Rain
May 8, 2026
SOLD

Rob Rain Of OTO Development Acquires Hyatt House Dallas/Uptown Hotel With 141 Keys

2914 Harry Hines Boulevard, Dallas, TX

TXCRE
Rob Rain
Sep 8, 2025
FINANCED

OTO Development Secures $96 Million Refinancing Loan From Fifth Third Bank For Hotel In Garment District

$796/SF

252 West 40th Street, New York, NY

NYCRE
Rob Rain
Aug 27, 2025
SOLD

Corry Oakes Of OTO Development Acquires Hotel In Fort Walton For $23.6M

$384/SF

380 Santa Rosa Boulevard, Fort Walton Beach, Florida 32548, United States, Fort Walton Beach, FL

FLCRE
Leo Reilly
David Altman
Robert Hunter
Feb 27, 2022