Longboat Key Club, Longboat Key, Florida
Advisory Assignment
Longboat Key Club and Resort includes 218 rooms and suites with direct access to the beach, 45 holes of golf, 38 tennis courts, spa and fitness center. Advised owner on turn-around of distressed asset, increased NOI 400% within 18 months, refinanced property’s $45 million non-performing loan under a new lender, installed new management and developed master plan to add approximately 1,600 new units to density. |