- Owner was UK individual who sold his industrial company in UK in the late 70’s
- Property is a 55 key resort with 23 acres including mix of freehold and leasehold land
- Original luxury hotel in Anguilla and one of best resorts in Caribbean for two decades
- Was independently operated by family for over 25 years from opening in 1984
- Hotel shut down in 2011 after revenues had dropped by 50% prior few years
- Property needed significant renovation work given no significant CapEx investment since 2001
- Owner was looking to sell property and wanted to be discreet with sale process
- RCP brought in Chicago based investor group consisting of several high net worth individuals
- RCP helped structure deal that involved share sale with small real estate participation for Owner
- Auberge is now managing the property after it reopened in November 2014 following an extensive renovation