The Range: HeroShot 1

United States · Private Vacation Resorts

Institutional-grade private resorts, built for group travel.

A professionally managed portfolio of large private resorts, operating today and performing ahead of underwriting.

Currently operatingPerforming ahead of underwritingAll photos are real portfolio properties

Why short-term rentals

Real estate where execution continually increases returns.

Cash flow, appreciation, and tax efficiencies in one asset, amplified by what sets short-term rentals apart: the ability to significantly increase revenue over time through operational execution.

Fixed ceiling

Traditional Real Estate

Apartments, retail, industrial

Revenue locked in long-term.

Multi-year leases set income years in advance, capping the upside at signing.

Commoditized.

Priced by the market, not by the asset owner.

No adaptability.

Once leased, there is no ability to grow income as conditions change.

Continuous upside

Short-Term Rentals

Repriced every single night

Price elasticity.

Nightly rates adjust with demand, protecting margin and keeping pace with inflation.

Revenue growth through operations.

Design, amenities, and guest experience directly increase revenue, year after year.

Compounding execution.

Operational gains build on one another, increasing cash flow, returns, and asset value over time.

This is where a vertically integrated operator earns its return.

Market opportunity

A large, growing market, run almost entirely by independents.

0%

Independent-run

Roughly 90% of listings are operated by independent, non-professional hosts. Professional management captures up to 40% more revenue.

$0B

Group travel by 2035

From $236B in 2024, a 7.8% CAGR.

0-13%

5BR+ booking growth

Large homes are outpacing the broader market.

0.0%

Family-travel CAGR

The fastest-growing travel segment, through 2033.

Sources: AirDNA · Grand View Research

The solution

Everything groups and families want from a vacation, in one place.

Hotel-grade quality and service, with the space, privacy, and destination-worthy amenities of a private resort, at one nightly price for the whole group.

Kasu Capital

Intentionally designed for groups

Hotels

Quality, no space

Vacation Rentals

Space, no quality

Affordability

One nightly rate for the whole group

Yes
Limited
Varies

Luxury

Designer interiors, hotel-grade finishes

Yes
Yes
Varies

Togetherness

Everyone stays under one roof

Yes
No
Yes

Privacy

The entire property to yourselves

Yes
No
Yes

Space

5BR+ with room to spread out

Yes
No
Yes

Amenities

Pools, hot tubs, full kitchens and more

Yes
Limited
Varies

Concierge

Fridge stocking, private chefs and experiences

Yes
Yes
No

Activities

Courts, game rooms, on-site recreation

Yes
Limited
Varies

Kasu private resorts

The property is the destination.

Large homes become full-stay private resorts, with spaces and amenities designed around families, reunions, and groups that want to stay together.

Clearwater 1 property photograph

5+ bedrooms, sleeps 16-24

Pools and hot tubs

Pickleball and basketball courts

Soccer and volleyball

Home gym and sauna

Game rooms and theaters

Kids' activities and mini golf

Firepits and outdoor living

The Resort The Resort: C1 PreReno TopViewBefore
Reposition
The Resort The Resort: C1 HeroShot SoftBlurAfter

Ordinary properties, repositioned into custom private resorts.

Acquisition, design, construction, and operations, executed by one team to one standard.

Product-market fit

The proof is best described by our guests.

0.0 stars

A 100% five-star record on Airbnb across 50+ verified reviews and 65 completed stays.

From the moment we arrived we never had to leave. Everything we wanted was right here. The property was the whole vacation.

Jenna P.

We came for a family reunion and never set foot off the property. It became the destination, not just where we stayed.

David & Lauren M.

A true stress test with 8 adults and 7 kids under 12, and it was great. They have thought of everything.

Matt V.

A wonderful week-long stay with four adults and six kids. Exactly as described, even better in person.

Rachel Z.

2025 in review

Every active home beat its number.

The first properties opened mid-2025 and finished the year ahead of their underwriting.

+0.0%

Vs. underwriting

Portfolio-level performance across the first operating year

0 operating

5 in development

Configured U.S. portfolio homes across Florida, Texas, and North Carolina

0%

Five-star

50+ verified reviews across 65 completed stays

0.0%

Stabilized cap rate

Active homes, 2025 year-end

Realized vs. projected gross revenue, 2025 year-end

Clearwater, FL

+0.0%

Clearwater, FL

+0.0%

Asheville, NC

+0.0%

Past performance is not indicative of future results.

Kasu Capital

Operating today. Built to compound.

To learn more about the U.S. platform and portfolio, get in touch with our team.

This website is for informational purposes only and does not constitute an offer to sell securities. Past performance is not indicative of future results. All investments involve risk.