Real Estate Acquisitions

Aria Longboat Key

Longboat Key, FL

Bixby, together with Ascentia Development Group, developed a 16-unit luxury condominium in Longboat Key, Florida. Situated on a 5 acre oceanfront parcel, the property features 16 exclusive waterfront residences which enjoy unobstructed views of the beach and Gulf of Mexico as well as captivating amenities. Amenities include private elevators, 10’ ceilings, wellness center, residents’ club, beachside spa and pool. The property site was known originally as the historic 1935 Villa am Meer estate home which was restored and recreated into a beachfront clubhouse for residents. All units were presold before construction began in 2014.

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Renaissance Esmeralda

Indian Wells, CA

Bixby acquired the 560-key Renaissance Esmeralda Resort & Spa in Indian Wells, CA, in an all-cash transaction. Set against the Santa Rosa Mountains at the foothills of California’s famed Coachella Valley, this iconic resort features a beautiful pool with sand beach, luxury spa, two tennis courts, fitness center, several dining options, and 61,000 square feet of meeting space. It also offers direct access to an acclaimed 36-hole golf course, and is located just two miles from the renowned Indian Wells Tennis Garden. The resort is managed by Marriott International under the Renaissance Hotels brand, and asset-managed by KSL Resorts.

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70 E Walton

Chicago, IL

A 12-story mixed-use building with 25 luxury apartment units and 15,000 square feet of retail space located in the Gold Coast neighborhood of Chicago. The vintage building features high-end retail suites and 25 units of luxury short-term rental apartments. Bixby was able to close all-cash and within a week of the bid award.

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Kinzie Hotel

Chicago, IL

Bixby, together with a general partner / operator, acquired the 215-key Amalfi Hotel in an all-cash transaction. The partnership executed a full renovation of the guest rooms as well as the common areas of the hotel. Now renamed the Kinzie Hotel, the Chicago themed property is located in the thriving River North neighborhood.

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Ortega Landing Marina

Jacksonville, FL

A 192-slip marina with 8 condo units and 4 acres of land for future residential and commercial development in Jacksonville, FL. At the time this asset was purchased from a bank, the marina occupancy was 37% and the condos did not have their certificates of occupancy.

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