Business Lines

Resort Capital Partners provides the following services:

  • Sourcing all forms of investment capital
  • Disposition of assets including debt for banks and investors
  • Repositioning properties and restructuring capital for banks and owners
  • Targeting luxury hotels and resorts to purchase for investors
  • Finding management opportunities for developers, hotel companies, golf and marina operators
JOINT VENTURE/STRUCTURED TRANSACTION
  • Operating property in need of capital investment with insufficient cash flow to pay for necessary improvements or additional real estate development
  • Typically little to no debt on the property with a significant amount of capital expenditures
  • Land contributed to venture at minimal basis with earn out structure tied to real estate sales
RESORT MANAGEMENT CONTRACTS
  • Primarily consisting of luxury hotel management agreements for 50 key to 250 key properties
  • Targeting boutique hotel brands that can offer more flexibility than the big name operators
  • Also would include golf course operating contracts and marina management transactions
ASSET SALES
  • Primarily engaged by single asset owner looking for discreet transaction to equity investor
  • Most sales structured as upfront cash payment without debt financing or seller financed note
  • Typical deal size for 50 to 150 key luxury property in the 10mm to 25mm range
  • Standard deal size for 250 to 1,000 key upscale property in the 50mm to 100mm range
  • Current market at 10 to 12 cap rate, 100k to 300k per key and 50% of replacement cost
DEBT/EQUITY INVESTMENT
  • Owner seeking outside debt or equity investment into hotel or resort asset
  • Senior loan from traditional bank or mezzanine note from private equity group to fund improvements or operations at existing property
  • Preferred equity stake from small to medium size institutional source to enhance existing hotel and offer short term bridge to ownership
  • Minority or majority equity position from family office investor buying into hotel or resort for medium to long term investment period