DA_00a_Intl Real Estate Case Study
Manage episode 302979680 series 2985828
CEO of mobileLACE Robin Gregory was referred by the team's attorney from MCI to owners of an eco-tourism dive resort in Belize, CA as an international broker in the early 2000's to dispose of and or create the highest and best use for their resort amidst partnership dissolution.
In the middle of marketing the tragic 9-11 and October 2001, Cat 5 hurricane debilitated both international business and the Placencia peninsula. Robin continued with her contract assisting the owners with rehab oversite and made a syndication proposal to (4) other dive resorts on the arm to attract large-scale investors for this ground floor Belize, CA development re-habilitation opportunity.
Belize is one of the top 25 places to retire. Its currency is pegged to the American dollar; there are minimal language barriers for visitors coming to the friendly country. The year-round Caribbean climate is a step up from a cold winter.
She developed a proposal that supported: residential retirement housing, specialty resorts (yoga and whale shark dive trips), spa vacations, and shrimp agriculture.
The transformation from a single investment analysis in the eco-tourism industry to syndication of five dive resorts with differing brands, revenue streams, and rehab budgets post-hurricane was daunting. An infrastructure review and a weather impact on tourism required additional skills to determine the best use change.
Four of the five resorts changed hands to investors that built residential units with resort amenities over two years.
5 episodes