Project Description

This beachfront resort features 295 spacious guest rooms, and 2 dine-in restaurants. The resort is centrally located on the world- famous Seven Mile Beach on Grand Cayman Island. It was opened in 1990 and branded as a Marriott in 1998. The Cayman Islands are known for a luxurious lifestyle and Caribbean charm. Grand Cayman is the largest of the three Cayman Islands at approximately 22 miles long with its widest point being 8 miles long.

In October 2011, Private Equity Group purchased a 50% ownership interest from Barclays Capital in the Resort adding strategic diversity to our real estate portfolio. Owner – initiated major renovations are slated for late summer 2013 and include upgrades to the lobby, restaurants, courtyard, rooms and pool. These improvements are expected to further enhance the strong performance and value of the asset, maximizing our invested equity.