STAMFORD, Conn.--(BUSINESS WIRE)--KSL Capital Partners Credit Opportunities Fund, L.P. (KSL Credit) is pleased to announce that its affiliate provided a first mortgage to finance the acquisition of the Ventana Inn & Spa by an affiliate of Geolo Capital II LP and Wanxiang America Real Estate Group, LLC (collectively, the Sponsor).
The 59-room luxury resort overlooks the Pacific Ocean from its location directly off of Highway 1 in Big Sur, California. Amenities include a luxury spa, the Restaurant at Ventana with an outdoor deck overlooking the ocean, 8,745 square feet of meeting space, two outdoor swimming pools, Japanese hot baths, and a recently opened, 78-site campground located within a redwood grove.
Among the resort’s many accolades, it has been awarded Gold List status from Condé Nast Traveler almost every year since 2005 and was ranked the #8 resort on Travel + Leisure’s “Top 50 Hotels in the Continental U.S.” in 2014. The resort has undergone significant renovations since 2008, and the Sponsor is planning an additional multi-million dollar upgrade to enhance guest amenities and expand meeting and event space. Commune Hotels & Resorts will continue to manage the resort.
ABOUT KSL CAPITAL PARTNERS CREDIT OPPORTUNITIES FUND, L.P.
KSL Credit is the current credit fund for KSL Capital Partners, LLC (KSL). KSL is an investment firm with approximately $7.1 billion in capital raised since 2005 specializing in travel and leisure enterprises across five primary sectors: hospitality, recreation, clubs, real estate and travel services. KSL makes debt and equity investments through its private equity funds and KSL Credit. KSL Credit provides first mortgage and mezzanine loans. KSL has offices in London; Denver, Colorado; and Stamford, Connecticut. For more information, please visit www.kslcapital.com.
ABOUT GEOLO CAPITAL
San Francisco-based Geolo Capital (www.geolo.com) is the private equity investment arm of the John A. Pritzker family, continuing a four generation unmatched record of creating, investing in and building a diversified portfolio of consumer-focused companies. The Geolo Capital team has a long history of investing in these entities. From its legacy involvement helping to grow Ticketmaster, to founding Mandara Spa, to the company’s recent investment in Carmel Valley Ranch, Geolo Capital’s mission is to cultivate enduring world-class brands in four core industries – hospitality, entertainment, health and wellness, and consumer products. Geolo combines operational expertise, strategic vision and highly targeted capital to create long-term value for the companies in which it invests.