BASK Development provides a full range of Development and Operations services for our hotel partners.
Who we are
BASK Development is a privately held, innovative real estate investment and management company with a particular focus on the hospitality asset class. BASK is a vertically integrated organization having development, construction, management, and finance capabilities in-house.
Established in 1992 and based out of Chicago, Illinois, BASK develops, builds, acquires, renovates, and manages hotel assets. All of our principals are engineers, and we believe in a systemic, logical approach based on heavy data analytics to provide remarkable results for our partners. Personally-vested in every project, BASK’s approach is the perfect mix of an opportunistic, owner’s perspective alongside nimble efficiency. Transforming properties into profitable businesses with distinction, our team is dedicated to creating strong returns for partners while cultivating long-term relationships.
We started BASK Development to build and protect our own wealth. That goal remains the same today and we are proud to be the largest investors with the company. We believe that a good partnership is one where everyone wins together. When you partner with BASK, you wont find any hidden fees, confusing structures, or complex deals. Our returns are created through real value creation and not financial engineering. We invest significantly in all of our assets because we believe it’s the best place for our own capital. We compensate our team based on performance to ensure alignment and we don’t engage in businesses that create a conflict of interest between us and our partners. This philosophy has guided our decision-making since we founded the company nearly 30 years ago and is why we’ve grown our number of partners by 1000%.
What you’ll find with us
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We set high expectations for delivering results and maximizing performance, both as individuals and as a team. We're a passionate group of hospitality-focused leaders that strives for excellence in all that we do.
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We invest heavily in making sure all employee's have the tools, training, and technology they need to be successful. Our company and culture thrives when our associates thrive, and we believe heavily in fostering an environment for growth, learning, and personally and professional development.
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Our hotels are the bedrock of their communities, and we take a passionate approach to ensuring we're good stewards of our communities and our resources. Through tangible initiatives like outfitting our hotels with solar panels to offset their energy consumption, installing electric charging stations, and adopting programs like IHG Green Engage, we are committed to continuing to broaden our eco-awareness and impact.