“We started Sandpiper because we identified an underserved need that extended stay hotels meet. Customers seeking a place to stay for one week to six months have very few affordable, efficient options. Our hotels meet that need and demand for this purpose-built product continues to exceed supply.
As investors and operators, Sandpiper’s extended stay hotel properties have demonstrated a balanced, risk-versus-reward profile since our inception. This hotel segment has been tested during both the 2008-2010 economic downturn and the COVID-19 pandemic. We have remained cash flow positive and have substantially outperformed the overall hotel industry during these stressful times. We continue to see attractive return opportunities in this space and believe many years of strong growth lie ahead.”
– Carter Rise, Founder
WHO WE ARE
“We started Sandpiper because we identified an underserved need that extended stay hotels meet. Customers seeking a place to stay for one week to six months have very few affordable, efficient options. Our hotels meet that need and demand for this purpose-built product continues to exceed supply.
As investors and operators, Sandpiper’s extended stay hotel properties have demonstrated a balanced, risk-versus-reward profile since our inception. This hotel segment has been tested during both the 2008-2010 economic downturn and the COVID-19 pandemic. We have remained cash flow positive and have substantially outperformed the overall hotel industry during these stressful times. We continue to see attractive return opportunities in this space and believe many years of strong growth lie ahead.”
– Carter Rise, Founder






EXPLORE SANDPIPER
OUR TEAM
Carter Rise
Founder & Managing Partner of Sandpiper Hospitality
President, Chief Executive Officer and Chairman of SLT
Carter Rise has served as President, CEO, and Chairman of the Board of Sandpiper since its inception. Mr. Rise is the founder and sole member of Sandpiper, LLC, the Manager’s majority owner and controlling member, and the sole common shareholder and a significant preferred shareholder in each of the Sandpiper funds. Mr. Rise also is the majority owner of Sandpiper Hospitality, a hotel management company. Since 2012, Mr. Rise has served on WoodSpring Suites Franchise Advisory Council, and is currently serving his fourth term as its Chairman.
Jim Darter
President & Chief Executive Officer of Sandpiper Hospitality
Jim Darter is the President and Chief Executive Officer of Sandpiper Hospitality since April 2016. He is an owner of SH and is responsible for all aspects of the company’s operations and performance. With over 25 years of on-property and above-property leadership. Mr. Darter is a lifelong hotelier with years of experience.
Andy Anderson
Chief Acquisition Officer
Andy Anderson joined Sandpiper in June 2018 as Chief Acquisitions Officer, after serving as a consultant to the company. Mr. Anderson focuses on identifying and completing strategic hotel acquisitions for Sandpiper and assists with legal and capital market requirements.
Ned Sinnott
Managing Director, Equity & Investor Relations
Ned Sinnott joined Sandpiper in September 2012 as Managing Director. Mr. Sinnott oversees investor relations and equity investments for the Company. Mr. Sinnott is a key member of our management team and has been responsible for overseeing capital raising efforts that have resulted in $215 million in equity investments for the Company and other Sandpiper entities. Further, he was responsible for identifying and securing the real estate sites for Sandpiper Hospitality IV, LLC and Sandpiper Hospitality V, LLC.