Industry

Financial Services

Company Type

Real Estate Direct Investment

Size

$130 Million

Investment Type

Equity/Debt

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THE BALAM ESCAPE

Overview

The Balam Escape is seeking $10 million of equity (Phase I) and $120 million of  debt (Phase II) to develop a net-zero, sustainable master-planned community.

3,500 single and multi-family dwelling units, 24 adobe 3D printed villas, and an environmental technologies research center with a school and hospital, three luxurious hotels (up to 1,500 rooms total), spas and healing centers  offering telemedicine, green technology center, marina, airport golf course, village center, and  water/art Park


Situated in an idyllic tropical location: oceanfront and forest land in Belize, Central America. Land valued at $46 million


Equity along with debt will complete 24 villas or boutique hotel on private island and vertical construction (hotel, homes, infrastructure, marketing, etc.)

THE BALAM ESCAPE

Opportunity

 

Belize is a world-renowned tourism destination


While there are many hotels in Belize, Balam Escape faces very little direct competition


Most other hotels in Belize offer fewer amenities, and lack room service, world- class restaurants, fitness areas, spas, etc


Prime Square just recently completed a hospitality study, suggesting that the hotel project would be very profitable with an average daily rate in year three of $639/night. Several global brand-name flags have indicated interest in the  hotel


Belize pegged its currency to the USD & adopted English as its official language.

THE BALAM ESCAPE

Solution/Strategy

Government entitlements have been obtained and the land has been purchased free and clear


Developed over twenty years


3,000 acre afforestation project and the conservation of 600 acres of standing mangroves on our property should generate a complete offset for all the carbon footprint, and thus be carbon neutral


Plan to establish a Green Technology Research and Education Center with cutting-edge green technologies and processes researched, evaluated, and showcased


Use renewable sources of energy and plant 1.5 million trees in the resort.

THE BALAM ESCAPE

Management Team

Hart Porsch

CEO

O

Has completed two large-scale land development projects (totaling over $500 MM in value at completion)


Holds a proven US and German land development record.

Victor Barrett

Lead Architect

Focused on the practical application, design, and development of New Urbanist Master Planning, Authentic Architecture, and Sustainable Design


 Played lead roles in successful developments in the USA, Mexico, Caribbean, China, UAE, Southeast Asia, and Africa.

Dr. Stefan Harzen 

Sustainability Director

25+ years’ experience in sustainable real estate, tourism development, and green technologies


35+ years of experience in marine mammals, environmental assessment, analysis and monitoring.

Robert Kosian 

Finance Professional and Special Assistant to the President

40 years of banking Experience in NYC/London/Europe with High Voltage Holdings, NewStar Financial, Citigroup and Prudential Securities


Worked on 200+ transactions representing $20 billion.

Elizabeth Ayafor 

Marketing Director

10+ years as Balam’s Director of Marketing, starting as an associate and working her way up


Currently aiming to increase the exposure of this net-zero community


Licensed realtor with a BA in finance.

THE BALAM ESCAPE

Learn More About This Transaction

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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