© 2015 by ViaNova Development, LLC.

Chattanooga
817 Broad Street
Suite 200
Chattanooga, TN 37402
 
Atlanta
1290 West Spring Street SE
Suite 200
Smyrna, GA 30080
 
info@vianovadevelopment.com
Tel: 423.763.1772
 
Vyomesh Desai
Principal

Mission

Our mission is to use financial and operational insights to find unique, underpriced or underperforming real estate assets, primarily hospitality and multi-family properties, that net our investors IRRs in excess of 20% annually. We exclusively look for properties that allow us to use our rehabilitation and operational expertise to drive a favorable misalignment of price and value.

 

ViaNova Development is a different type of buyer, offering several distinct advantages to brokers and investment partners:

 

  • Responsive and focused

    • Our sole responsibility is to find and purchase assets. We don’t have board or management responsibilities to distract from evaluating acquisitions, and we have the latitude to work fast with most projects under contract within 30 days and closing within 90 days. We also understand that if a “yes” to a deal is not possible, then a speedy “no” is second best.

 

  • Flexibility in buying structure

    • We do not have a mandated deal structure. As such, we are motivated and able to creatively structure a purchase that can accommodate the needs of our financial partners.

 

  • Deeply experienced network of advisors

    • ViaNova’s partners and advisors are former executives, entrepreneurs, and investment professionals who are keenly interested in lending their expertise to the acquisition process.

Vyomesh has served the commercial real estate industry for over ten years, including 3 years on the board at Greater Chattanooga Hospitality Association. Vyomesh began his career in construction in the 1990’s, building 18 hotels in the Southeast. In 1999 he formed Hixson Hotel Management, a full service management company, to manage a 57 room Holiday Inn Express. Within a year, his company acquired a 150 unit full-service Holiday Inn. Hixson Hotel Partners was acquired by Nobel Management Company where Vyomesh held a partnership role. He was directly involved in growing Nobel’s portfolio from 3 hotels to 15 hotels at its peak. Along with hotel management, Vyomesh Desai has been directly involved in the ground up development of 5 limited and full service branded hotels ranging from 65 units to 120 units. In 2009 he formed v2DesignGroup, LLC. a real estate development and design firm specializing in both commercial and residential property. v2Design Group has gained experience in the redevelopment of existing hotels by completing 2 redevelopment projects within a year, notable converting a 92 unit independent hotel to Days Inn increasing the value by 25%. Vyomesh, with his vast experience, is also responsible for looking into future growth strategies for ViaNova Development.

Management Team

Neil Kapadia
Principal

Neil has significant experience acquiring, managing, and improving service and manufacturing businesses. Prior to co-founding ViaNova Development, Neil worked with a variety of Private Equity firms including Carlyle and Platinum Equity analyzing their recent acquisitions/potential targets to identify operational and financial improvement opportunities across multiple industries including hospitality, heavy mtanufacturing, transportation, utilities, and aviation. Neil has spent over 15 years in the hospitality industry building and operating limited service hotels across the eastern US. He is a turnaround management specialist with a special focus on driving improvements while minimizing capital investments through operational optimization. Prior to a specialization in turnaround management, Neil spent almost 10 years in strategy and project portfolio management consulting. In addition to his operational experience, Neil specializes in due diligence and business forensics. Neil co-founded ViaNova in 2010 and has been working in the advisory space searching to pair investors to opportunities that earn exceptional returns across the US. Neil triple-majored in Civin Engineering, Finance, and Economics at Carnegie Mellon, and completed his M.B.A. from INSEAD. 

Nirav Shah
Principal

Nirav has experience working with and evaluating businesses across a broad range of industries and sizes. Prior to forming ViaNova Development, Nirav worked as an Investment Strategy and Acquisition Associate with Capital Asset Funding, a private equity firm in Atlanta, where he was responsible for the P&L of portfolio companies as well as acquisition strategies and underwriting in the financial services, manufacturing and real estate industries. Prior to Capital Asset Funding, he spent five years working as a Consultant with Accenture on several business development, strategic advisory, and process improvementassignments in several industries, including hospitality services, energy, financial services, consumer products & services, and manufacturing. Nirav is currently a Managing Partner at ViaNova Partners conducting due diligence on investment opportunities in the real estate and manufacturing industries. Nirav earned a B.S. in Computer Engineering from the Georgia Institute of Technology, and completed his M.B.A. from the Ross School of Business at the University of Michigan.