These Black Women Are Now The Youngest To Own A Hotel Under A Major Chain
Photo Credit: Davonne Reaves and Jessica Myers | Photo courtesy of Tahir Register

Photo Credit: Davonne Reaves and Jessica Myers | Photo courtesy of Tahir Register

These Black Women Are Now The Youngest To Own A Hotel Under A Major Chain

black owned business , Atlanta , United States , news , oklahoma
Parker Diakite
Parker Diakite Jan 8, 2021

At just 33-years old, Davonne Reaves and Jessica Myers are making history as the youngest Black women to co-own a property in a major hotel chain.

“I never thought by the time I was 33 that I’d be a hotel owner, but I admit that it feels great to have accomplished that at this point in my life,” Reaves told Black Business in an interview.

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Reaves and Myers met as college students at Georgia State University. Years later, the Atlanta-natives launched the hotel ownership group Epiq Collective: a commercial real estate investment fund focusing primarily on multifamily and hotel projects.

When the co-founders decided to partner with Nassau Investments to acquire the Home2Suites by Hilton in El Reno, Oklahoma, a deal valued at more than $8 million, the two earned the distinction of being the youngest African American women to ever co-own a property in a major hotel chain.

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“I immediately thought about the Front Desk and how day after day, I would dream of this day, and now that it is a reality,” Reaves told Travel Noire. “I’m excited. This is definitely a game-changer in the course of my career.”

“While we were in the midst of it, I didn’t think, ‘let me make history.’ I was just set on achieving my goal of acquiring 1,000 doors,” Myers added. “After we closed and met with the team there, we realized it wasn’t just an acquisition of a hotel, and it was creating jobs. Being able to assist the team with resources. That is the history I celebrate.”

About Epiq Collective

Since 2019, principals Jessica Myers and Davonne Reaves have acquired more than $14 million in commercial real estate assets, with a focus on hotels and multi-family structures, according to a news release.

The firm works with passive investors seeking attractive long-term investment strategies to grow their real estate portfolio.