Black Tulip Port St. George is an ESG-qualified USD 250 million Reg. S preferred equity offering to secure an alpha position in the development of an 800-acre fully sustainable luxury eco-resort located in Long Island, The Bahamas, comprising over 500 luxury residences, a 5 star hotel, a wellness centre, 600-berth marina, village, sports center and golf course. The developer has an extensive track record in developing and marketing such projects. The project carries an ESG certification from Sustainalytics.
Black Tulip Port St. George Bahamas I
The Bond is structured to acquire a $45 million USD (1st tranche) portfolio of office buildings in California and Arizona. The Company intends to issue a second tranche for approximately $200 million USD and acquire a portfolio of office buildings in the United States, further diversifying the asset base for additional risk mitigation.