Malliouhana Resort (West End, Anguilla) – Asset Sale

  • 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