Covid-19 Investor Update Part 4: Boutique Hotel in Puerto Rico and a Colombian Coffee Farm

We previously published Part 1 of our Covid-19 Investor Update, focusing on our Pineapple Farm in Panama.  In Part 2, we looked at multiple Agricultural investments in Colombia. Part 3 focused on a few of our Multifamily investments in the United States.

This is the final Part 4 update on a boutique hotel investment in Puerto Rico and our Coffee Farm in Colombia. So let’s jump straight in.

Plaza Colon Hotel and Suites, Old San Juan, Puerto Rico

In Q2 2019, alongside many of our Alliance members, we invested in a boutique hotel opportunity in Plaza Colon. This Opportunity Zone syndication project consisted of taking a 40,188 square foot property and converting it into a high-end hospitality offering comprising 60 hotel rooms and 4 luxury 2&3 bedroom Hotel Residences. With the additional development of a 3,500 square foot commercial space on the ground floor that will feature a restaurant and retail space to capitalize on foot traffic from the cruise ships docking just...

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