Diligence memo · auto-generated · as of July 3, 2026
1601 State Street Hotel Investors, L.P.
1601 State Street Hotel Investors, L.P. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
1601 State Street Hotel Investors, L.P. operates in Lodging and Conventions, based in SANTA BARBARA.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
1601 State Street Hotel Investors, L.P. has raised $23M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $9.2M on 2018-05-10.
Most recent recorded round closed around 2022-02-09.
Valuation (modeled)modeled
Provath models 1601 State Street Hotel Investors, L.P. at approximately $25M (range $8.0M–$95M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.83× the median modeled value of Series A Lodging and Conventions companies in 2022–2024 (28 peers) — value vs value, same stage and era. Within the normal band (83% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 4.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Lodging and Conventions peers (514 compared).
Modeled value ranks above 81% of those peers.
Closest niche peers: Remcon Circle, LLC, Lynden Hotel Group, LLC, DH Stout Road, LLC, Ashford Hospitality Holdings LLC, Hotel Mankato, LLC.
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.