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Home » Carlton Hospitality Group’s Caribbean Financing Pipeline Surpasses $1B
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Carlton Hospitality Group’s Caribbean Financing Pipeline Surpasses $1B

By Hotel BusinessFebruary 7, 20071 Min Read
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NEW YORK— The Carlton Group’s Carlton Hospitality Group division now has more than $1 billion of equity and debt transactions in its Caribbean region pipeline. Carlton’s forthcoming Caribbean transactions include $650 million in acquisition and development financing for the Luxury Resort and Residences in Guanacaste, Costa Rica; $310 million in acquisition and development financing for the Luxury Resort and Residences in Puntarenas, Costa Rica; $300 million in development financing for phases two and three of the 350-room AtlanticA hotel in the Dominican Republic; $200 million in acquisition and development financing for Long Bay Resort in Anguilla; $230 million in acquisition and development financing for the Sugarmill Bay Resort in Antigua; and $49 million in acquisition financing for a 228-room business hotel in the Dominican Republic.

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