P Hotels Acquires Picturesque Arelauquen Lodge In Bariloche


Buenos Aires, Argentina (PRWEB) April 13, 2013

P Hotels today announced it is adding to its collection of luxury boutique hotels in Argentina with the purchase of a charming mountain property just outside the lakeside resort town of San Carlos de Bariloche. The Arelauquen Lodge commands one of South American’s most majestic sites on the grounds of the prestigious Arelauquen Golf & Country Club. A meticulous renovation of the recent acquisition is transforming the lodge into a five-star property that will house a world-class restaurant. Arelauquen Lodge plans to welcome its first guests this November during the Argentine spring.

Set amidst the spectacular peaks of Patagonia, Arelauquen Lodge and its elegant 28 suites overlook postcard-perfect Lake Gutierrez. Just outside its doors lie the best golf course and polo club in the region. Cerro Catedral, South Americas largest and most famous ski resort, is a mere ten minutes away. The resort’s 38 lifts access an incredible 1150 meters (3,773 feet) of vertical descent and 1200 hectares (2965 acres) of skiable terrain — during the North American summer! Heli-skiers depart from a landing pad adjacent to the lodge. Superb fishing, biking, hiking, hunting and many other diversions are also close by.

P Hotels currently offers Palermo Place and Palermo Tower in Buenos Aires’ trendiest district. Its new Auberge du Vin, in the heart of Argentina’s internationally renowned Mendoza wine country, is expected to open in April 2014 during grape harvest season. The luxury Argentine hotel portfolio and management company is owned by U.S-based Grupo EMR, which also developed each of the branded properties. Although P Hotels are noted for their superb locations and intimate ambiance, the properties are most often praised for the friendly, highly personalized service provided by the knowledgeable staff members.

Prior to becoming a hotel developer and operator, Grupo EMR CEO Edward Rubio traveled the world as a financial services executive. “Of all the countries I visited during my career in the financial sector, Argentina clearly offers the best combination of natural beauty, friendly people, diverse adventure, and exceptional value. When all four of our hotels are open, we will offer the ultimate Argentine experience Buenos Aires, Mendoza and Bariloche, all easily accessible during one incredible vacation.”

Rubio observed that for North Americans any additional time and airfare costs associated with a visit to Argentina is more than offset by the amazing affordability of lodging, dining, fine wine and almost all other travel expenses. And there is only a one-hour difference from the Eastern Time Zone.

For those with a larger appetite for the delectable Argentine lifestyle, Rubio is offering a worry-free, no-hassle way to own real estate in P Hotels’ three locations. He has teamed up with DCP International, which pioneered the luxury residence club concept, to create The Residence Club of Argentina. Members will have equity interests in Buenos Aires, Mendoza and Bariloche hotel suites and unlimited use, subject only to the Club’s reservation policies. Rubio said one of the most attractive aspects is that the P Hotel staff takes care of all the ownership responsibilities and makes each Argentine vacation seamless, whether the visit incorporates one or all three of the Club locations.

“The only thing our members have to worry about is when they are returning for another incredible vacation in a truly amazing country,” Rubio said. He also noted that a few Arelauquen Lodge suites are available for whole ownership purchase and inclusion in the hotel’s rental program.

For more information on P Hotels or the Residence Club of Argentina call 1-435-200-3411.







AC Self Storage Solutions LLC Acquires the ‘Go Store It’ Self Storage in Houston Suburb of Pasadena, TX


Houston, TX (PRWEB) January 31, 2013

AC Self Storage Solutions, LLC (AC SSS) of Carlsbad, CA has acquired Go Store It, an 870-unit Self Storage facility in the Houston suburb of Pasadena, TX.

Go Store It had an effective physical occupancy of 85.2% of its 144,605 rentable square feet. The transaction required the assumption of an existing CMBS loan that was serviced by Wells Fargo. The loan was approximately 64% of the purchase price of the facility.

The purchase price was not disclosed, but the purchaser has indicated that this transaction traded at an effective 7.4% capitalization rate. The facility is a class-A traditional Self Storage facility, built in 2004, that has both climate and non-climate controlled storage units.

This is definitely one of the more attractive Self Storage facilities Ive seen, states Troy Downing, Chief Executive Officer, AC Self Storage Solutions, LLC. The facility is Class-A, has a tremendous amount of curb appeal, and is well occupied in what we believe is a strong market. Downing continues, We have transitioned property management and expect to improve this facility with professional management and aggressive revenue management.

The Go Store It facility, at 7905 Spencer Highway, Pasadena, TX will be rebranded AC Self Storage of Pasadena. The neighborhood is primarily single and multi-family residential housing near the central campus of San Jacinto College, a commuter college with 12,000 students.

About AC Self Storage Solutions, LLC

AC Self Storage Solutions, LLC (AC SSS) has offices in Carlsbad, CA and Newport Beach, CA. AC SSS is an owner, operator, and servicer of Self Storage commercial real estate across the United States. In addition to acquisitions, AC SSS also offers asset management services and has over a million square feet of Self Storage under management. AC SSS is a joint venture with Axxcess Capital Ventures, LLC of Newport Beach, CA. The team is made up of professionals from diverse backgrounds in Self Storage, commercial real estate, asset management, investment banking, technology, and finance. Visit http://www.acselfstorage.com.







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Royal Shell Vacations Acquires Cashiers Resort Rentals


Sanibel, Florida (PRWEB) March 26, 2012

Royal Shell Vacations, Inc., a leading provider of Southwest Florida luxury vacation rentals, announced today the acquisition of Cashiers Resort Rentals, located in Cashiers, North Carolina. This purchase follows the recent business partnership between Landmark Realty Group and The Royal Shell Companies of Southwest Florida, earlier in March, 2012.

Cashiers Resort Rentals has a long standing history of providing quality vacation rentals and superior service to owners and guests, since being formed in late 2000. The leadership, operational experience and vast marketing resources provided by Royal Shell will further bolster our business, creating increased value to our owners, while adding to the overall vacation experience we offer to our guests said Mary Korotva, founder of Cashiers Resort Rentals.

Royal Shell, just having closed on its second acquisition this month in Cashiers, North Carolina, underscores its commitment to growth and seeks to further expand its business throughout Western North Carolina. As the newest member to the Royal Shell Family of Companies, Cashiers Resort Rentals has cultivated an impressive portfolio of luxury North Carolina vacation rentals, said Donald DeLuca, Managing Broker for Royal Shell Real Estate and General Counsel for the companies. Were excited about leveraging the relationship between vacation rentals and real estate sales within the market, a business model that has served us extremely well in Southwest Florida.

Royal Shell Vacations has been offering Naples, Fort Myers, Captiva Island and Sanibel Island vacation rental services to customers since 1994, creating a boutique style of vacation rental management dedicated to exceeding the expectations of owners and guests alike. With over eighteen-hundred (1,800) vacation rental units under management, Royal Shell Vacations has consistently been the leader in the Southwest Florida vacation rental market year after year, having been consistently voted the best vacation rental company on Sanibel and Captiva Islands since 2004.

According to Randy Bacik, CEO of Royal Shell Vacations, We see the Cashiers and Highlands area as a fantastic vacation rental market in which to operate, so much that many of us own second homes in the area already. Our focus in the market will be to deliver local, personalized management and service that differentiates us from the competition, ultimately creating value and loyalty amongst our owners and guests. This focus has been a cornerstone in the Royal Shell brand since inception, adding our strong reputation of putting customers first.

The Royal Shell Group of Companies offers market leading vacation rental, real estate, and property management services, across thirteen (13) offices located in Sanibel and Captiva Islands, Fort Myers, Bonita Springs, Naples, Ocala, Florida and Cashiers, NC. The Royal Shell Companies are comprised of Royal Shell Vacations, Inc., a full service vacation rental company with home watch services (http://www.RoyalShell.com); Royal Shell Rentals, a full service seasonal and annual rental company (http://www.RoyalShellRentals.com); Royal Shell Real Estate, Inc., a full service real estate brokerage company (http://www.RoyalShellSales.com); Royal Shell Property Management, a full service Condominium and Homeowner Association Management company; Royal Shell Golden Ocala, a Golf and Equestrian Club in Ocala, Florida and Landmark Realty Group, a full service real estate brokerage company. The Royal Shell business model integrates vacation rentals and real estate sales with a white glove approach to customer service. The combined efforts of these companies allow homeowners and investors all of the conveniences necessary to maximize return on investment, while enjoying impeccable customer service at every level.