Wise Hotel Investments Expands Into Vineyards, Marinas

CORONA DEL MAR, CA— Wise Hotel Investments Inc. is expanding its full-service investment banking and advisory services practice into the sale and financing of vineyards and major coastal and lakefront yacht marinas. “It is a very logical segue and addition,” said Donald Wise, president and CEO of WHI. “We have been very active on the West Coast since 1984, in Hawaii since 1994, and in Mexico since 1995. Many bay front and coastal resorts have yacht marinas— several of which we have sold to the current owners. We have underwritten and sold numerous major mixed-use resorts over the last twenty-six years with attached yacht marinas and thought nothing of it. The financial modeling is very similar to apartments – except that many of them are on Port Authority ground leases,” he said.