Diligence memo · auto-generated · as of July 3, 2026
Northeastern Ohio Hotel Energy Fund, LLC
Northeastern Ohio Hotel Energy Fund, LLC looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Northeastern Ohio Hotel Energy Fund, LLC operates in Lodging and Conventions, based in COVINGTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Northeastern Ohio Hotel Energy Fund, LLC has raised $10M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $10M on 2013-12-16.
Most recent recorded round closed around 2013-12-16.
Valuation (modeled)modeled
Provath models Northeastern Ohio Hotel Energy Fund, LLC at approximately $47M (range $12M–$254M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.79× the median modeled value of Series A Lodging and Conventions companies in 2013–2015 (18 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 12.5 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 88% of Lodging and Conventions peers (514 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Watertown MRI BP LLC, RREAF O&G Portfolio #2 Investors LLC, Hotel Magdalena, LLC, Five VP Texas, L.P., RREAF Holdings (O&G Portfolio Number 2), LLC.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.