the lcp group
The LCP Group & Safanad Acquire Postcard Inn in St. Pete Beach, Florida
The LCP Group, L.P. | March 9, 2022
NEW YORK, NY — March 9, 2022 — A joint-venture between The LCP Group, L.P. (“LCP”), a vertically integrated, private real estate investment firm specializing in hospitality investing, and Safanad, a real estate and private equity investment firm, announced it acquired the iconic Postcard Inn on the Beach, St. Pete Beach, Florida. The 196-room oceanfront resort is situated on an expansive 9.64-acre tract with over 300 feet of frontage along the Gulf of Mexico, offering unparalleled access to St. Pete’s renowned beaches. Initially constructed in 1957, Postcard Inn features a lobby café, a full-service restaurant, and 3,880 square f...
The LCP Group, L.P. and Blue Vista Capital Management Acquire Fairfax Marriott at Fair Oaks
Blue Vista Capital Management | January 16, 2018
January 16, 2018, New York, NY — Blue Vista Capital Management and The LCP Group, L.P. jointly announced today the acquisition of the Fairfax Marriott at Fair Oaks in Fairfax, Virginia. The six-story 316 guest room and suite property is located outside of Washington, D.C. The hotel contains 15,000 square feet of meeting space, the award-winning 703 Bar + Kitchen, and the amenities, facilities, and services of a full-service Marriott hotel. "In partnership with LCP, we were able to identify a unique value-add opportunity," said Jason Schwartz, Principal at Blue Vista. "Installing LCP's affiliate manager, Crescent Hotels & Resor...
