Chapter 11 Bankruptcy Reorganization Investment opportunity - 615 acres waterfront estate - Belize
- Diamond in the rough
- Type: Commercial
- Style: Other
- Development Level: Plan Only
- Lot Size: 615 acres
The “Resort” is a master planned residential and commercial resort and marina community being developed on a 615-acre waterfront estate located at the northern gateway to the Placencia Peninsula. The Property includes title to 615 acres of virgin tropical forestland a 1 mile stretch of Caribbean beach frontage, located at the gateway to the Placencia Peninsula, Belize. It is the largest undeveloped parcel remaining on the Peninsula and 200 linear feet of frontage on the Placencia Lagoon.
Another developmental advantage of the Property is its 2,500+ foot of depth from East to West. Because of this depth the proposed Master Planned Marina would be the only protected inland resort marina capable of harboring 80-250-foot yachts in Belize.
The Trustee and Creditor Committee looks forward to review suitable and efficient funding strategies and therefore seeks proposals from environmentally responsible investors with the ability to deliver on the funds promised to turn this real estate into the exciting destination that suits this exceptional mix-use lifestyle location. This could be in the way of both an investment in return for an equity position and/or debt financing for the project.
The investment would allow for the newly reorganized project ownership to launch Phase I of the multi-phased resort development. The Creditor Committee is expected to deliver to the Court their Developer recommendations from which the Court will render the approval. NOTE: A property purchase may also be considered.
Information is deemed to be correct but not guaranteed.