Today, Montage International announced it has received a strategic investment arranged by Luxor Capital Group. In addition to investments by affiliate funds of Luxor, the investment group is comprised of significant commitments from funds managed by Goldman Sachs and funds and accounts managed by BlackRock. This transaction will allow Montage to accelerate its next stage of growth while also providing its long-term minority shareholder, Ohana Real Estate Investors, with a highly successful exit from its ownership position. Montage International features the ultra-luxury brand Montage Hotels & Resorts, the contemporary luxury brand Pendry Hotels & Resorts, as well as each brand’s array of luxury residential offerings. You can read more about this news here: https://lnkd.in/gQDQKgXt #PendryHotels
Congrats to everybody involved!
Thank you Montage International!!!
Very cool, quantum leaps. Love it!
Wonderful!! Thx for the post!
Exciting announcement! Congratulations Montage!
Hospitality Expert | Accounts Manager | Advisor | Technology | SaaS | "The art of hospitality is widely shown in the smallest of gestures"
5moLove this brand! Love the property in Tampa!