Lowndes Advises Timbers Company on Joint Acquisition of South Seas Island Resort
Lowndes represented Timbers Company, the company behind Timbers Resorts, in the joint acquisition of the iconic South Seas Island Resort. Timbers Company joined with Wheelock Street Capital and The Ronto Group in the acquisition of the 330-acre resort and wildlife preserve and estuary, which is located on 2.5 miles of white-sand beaches on Captiva Island, Fla.
Founded in 1946, the resort provides 434 accommodations, including hotel guestrooms and suites, one to three-bedroom condominiums, and private homes, cottages and homes of distinction rentals. Resort amenities and activities include 20 swimming pools, beachfront golf, tennis, full-service spa, dining, children's programs, watersports and boutique shopping. Timbers Company intends to expand the resort’s services and amenities, with long-term plans for a restoration of the resort.
The acquisition follows the recent announcement of Timbers Company’s repositioning plans to introduce new Timbers Resorts locations and launch additional brands. Securing a coastal Florida resort location was one of the company’s primary goals following its relocation to Florida from Colorado.
Timbers Company is the developer and operator of a collection of luxury properties in over 16 of the world's most exclusive high-end destinations. The Timbers Collection includes boutique resorts, hotels and private residence clubs in some of the world's most sought-after ski, golf, leisure and beach locations.
Lowndes CEO and President William T. Dymond, Jr. (Hospitality & Leisure) represented Timbers Company during the acquisition.
Founded in Orlando, Florida in 1969, Lowndes, Drosdick, Doster, Kantor & Reed, P.A., is a multi-discipline business law firm. Our attorneys represent corporate, entrepreneurial and individual clients across a myriad of industries locally, nationally and beyond our borders, from offices in Orlando, Mount Dora and Melbourne, and through Meritas, an established global alliance of independent law firms offering local insight, local rates and world-class client service. LOCAL ROOTS. BROAD REACH.℠
About the Timbers Company
Timbers Company, the company behind Timbers Resorts, is the developer and operator of a collection of luxury properties in over 16 of the world's most exclusive high-end destinations. The Timbers Collection includes boutique resorts, hotels and private residence clubs in some of the world's most sought-after ski, golf, leisure and beach locations. Since 1999, Timbers Resorts has been committed to being authentic, unique and respectful of the destination, focusing on family and experiences, and never compromising quality and service. Timbers Resorts also manages a luxury rental business where guests can rent some of their most exclusive residences at the resorts. Owners at properties in the Timbers Collection are granted an ownership experience with expanded benefits through a host of travel and lifestyle partners such as Sentient Jet, Hertz, MedjetAssist, The Ghurka Collection and many more, as well as access to the Timbers Reciprocity Program and the ability to trade vacation time with other destinations in the portfolio. Current Timbers Collection properties can be found in Aspen, Beaver Creek, Cabo San Lucas, Jupiter, Kaua'i, Kiawah Island, Maui, Napa, Scottsdale, Sonoma, Southern California, Steamboat, Tuscany and Vail.