Its focus is on opportunistic income-generating assets, selective developments, distressed debts and assets, out-of-the box brand affiliations, and other specialized situations within the most desirable resort destinations in its target region. The company and its team have been one of the most active boutique investment bankers in the region, sponsoring deals in excess of 1.0 billion. The firm remains uniquely positioned to capture real opportunities in these markets, where it leverages extensive relationships and deep knowledge of hospitality market conditions, deal structuring, and execution capabilities.
Our Experience
LPG and its team have a long trajectory of private equity and debt investment transactions across a range of companies and property types in the Caribbean and Latin American regions, including hospitality, online travel agencies, standalone hospitality assets and mixed-use resorts.
- Implementation and management of one of the first all-inclusive resort in the Dominican Republic.
- Acquisition, refurbishment, re-positioning and successful operation of multiple hotels across the region.
- Assignment from large all-inclusive resort company on the sale of specific hotel properties in the region.
- Development and financing of 540 room hotel in the Punta Cana destination area of the Dominican Republic
- Construction and delivery of 100+ units of beach and marina front condominiums.
- Assisted client in the sale to a financial investor while retaining management of a master planned beach / golf / residential development.
- Restructure on behalf of borrower of over US$400 Million of indebtedness in the aftermath of the financial crisis.
- Acquisition of a chain of four all-inclusive resorts with its brand.
- Start-up and build-out of three successful all-inclusive beach resort companies in multiple countries and destinations, as well as creating and implementing five all-inclusive resort brands.
- Managing integration of institutional equity investors into the all-inclusive beach resort segment in the Caribbean / Latin America.
- Negotiation of dozens of hotel operation and hotel franchise agreements from the point of view of each of owner, operator, creditor, franchisor and franchisee.
- Investment bankers for the founding shareholders of a portfolio of 27 hotels and an associated timeshare program to run a process to identify potential acquirers, negotiate LOI, coordinate due diligence, and assist in closing. Approximate enterprise value: US$500 Million.
- Investment bankers for founding shareholders of major Latin American online travel agency (OTA) to identify potential institutional investors for a significant equity investment, negotiate LOI, coordinate due diligence, and assist in closing.
- Managing a sales process of a chain of all-inclusive resorts and a vacation club with an enterprise value of approximately US$450 Million.
- Advisory services to a major international real estate fund on an acquisition process for a multi-property hotel portfolio in the Latin American / Caribbean region.
- Assignment from large all-inclusive resort company on the sale of specific hotel properties in the region.
- Arranging US$45 Million long term fixed rate public securitization to finance a beach hotel in El Salvador.
- Arranging US$47 Million long term fixed rate public securitization to finance a beach hotel in Ecuador.
- Assisted client in the sale to a financial investor while retaining management of a master planned beach / golf / residential development.
- Placing a US$300 Million syndicated loan facility on behalf of the borrower for a regional hotel owner-operator across six countries. Largest cross-border multi-property debt facility for an all-inclusive hotel company to date.
- Worked with leading US real estate and hospitality luxury brand in two multi=million dollar developments in the Dominican Republic and Uruguay.
- Acted as the investment banker of a regional family office in the sale of a prime parcel in Cap Cana, Dominican Republic. Today this parcel is home to two US branded luxury resorts.
- As investment banker of a high network individual, structured and executed a development deal for the construction and operation of 519 resort complex in Cap Cana , Dominican Republic.
- Conceptualization, design & development, of a mixed-use urban office / hotel / retail property in Panama, including negotiation of operating agreement with Luxury hotel operator, leasing of class A office space to principal tenants, and arranging exit for original developer to a financial investor.
- Acquisition of seven resort hotels from a large Mexican company in the process of liquidation
- Development and financing of a greenfield resort hotel on the island of Cozumel, Mexico
- Development and financing of a greenfield resort hotel in Playa del Carmen, Mexico, pioneering the concept of a five-star all-inclusive.
- Acquisition, redevelopment and expansion of a resort hotel on the island of Antigua in the Caribbean
- Acquisition, redevelopment and expansion of a resort hotel on the island of Aruba in the Caribbean