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metrovest equities

Sanctuary Camelback Mountain Resort and Spa Changes Ownership

BB Hotels | November 2, 2021

Scottsdale, AZ – November 2, 2021 – Today, Gurney’s Resorts announces the acquisition of Sanctuary Camelback Mountain Resort and Spa in Paradise Valley, Arizona. Scottsdale-based real estate investment company BB Hotels (formerly Berger Holdings) has partnered with New York-based Metrovest Equities and BLDG MGMT to purchase the iconic resort in Paradise Valley. The transaction is expected to close in early November. Financial terms of the transaction were not disclosed. Robert H. Castellini has owned Sanctuary Camelback Mountain Resort and Spa since 1992 and was responsible in concert with Westroc Hospitality for transforming Sanctu...

Gurney’s Resorts Adds The 107-Room Montauk Yacht Club Resort & Marina to Portfolio; $13 Million Renovation Planned

May 8, 2018

New York, NY (May 8, 2018) – Gurney's Resorts announces the addition of The Montauk Yacht Club Resort & Marina, an institution in the destination, as the brand's second property in the Hamptons. George Filopoulos of Metrovest Equities and Lloyd Goldman of BLDG Management, owners of Gurney's Montauk Resort & Seawater Spa, purchased the Montauk Yacht Club and are leading the transition of the property. Known as Gurney's Montauk Yacht Club & Resort moving forward, this is the third property for the Gurney's brand, which expands its footprint in Montauk and is steadily expanding and becoming synonymous with classic coastal...

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