An affiliate of KSL Capital Partners Credit Opportunities Fund has 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.
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 No8 resort on Travel + Leisure’s “Top 50 Hotels in the Continental US” 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.
