JMA Takes Over St. Lucia Resort and Yacht Marina

In June, JMA Ventures along with Southern California-based LLJ Ventures closed on the purchase of a luxury resort and large yacht marina on the island of St. Lucia in the Southern Caribbean. The transaction involved a complicated tri-party structured agreement with the project lender and borrower and resulted in affiliates of JMA taking full control of the resort and marina operations as it embarks on a comprehensive reinvestment and rebranding of the resort. 

“We are extremely excited about the opportunity to acquire and transform the Marigot Bay Resort and Marina to make it one of the premier hotel resorts and luxury yacht marinas in the Caribbean,” said Todd Chapman, President of JMA Ventures. “Our ability to acquire the resort through a complex structured transaction will allow us to create a significant amount of value for our investors and evidences our continued efforts at JMA to search out highly complex situations where our team of talented professionals can recognize and unlock opportunities others might overlook.” 

The Marigot Bay Resort and Marina will see a significant amount of renovation over the course of the next five months and is expected to unveil its new offerings in advance of the 2021-2022 Caribbean high season.