Dart Real Estate Acquires The Ritz-Carlton, Grand Cayman from Five Mile Capital Partners

Dart Real Estate | October 16, 2017

Dart Real Estate has purchased The Ritz-Carlton, Grand Cayman. The luxury resort property, located along Seven Mile Beach, is an investment that expands Dart Real Estate's portfolio of tourism assets and reinforces investor Kenneth Dart's commitment to the Cayman Islands. "This investment demonstrates Mr. Dart's confidence and willingness to invest in the strength and resilience of the Cayman Islands economy," said Mark VanDevelde, CEO of Dart Enterprises, the parent company of Dart Real Estate. Dart Real Estate has acquired The Ritz-Carlton, Grand Cayman resort interests from Five Mile Capital Partners, LLC. While there is a change in ...