Share This Article
Friday, Oct. 8
DELL GROUP BUYS HAMILTON HARBOR YACHT CLUB IN NAPLES
Tech billionaire Michael S. Dell’s MSD Partners purchased the exclusive Hamilton Harbor Yacht Club in Naples for $16.625 million on Sept. 27. The seller was Collier Enterprises Inc., a Naples-based real estate investment and development firm that also sold its Old Collier Golf Club last week to Hoffmann Family of Companies, headquartered in Naples. Dell is the founder, chairman and CEO of Dell Technologies computer IT company and also the money behind The Athens Group’s redevelopment of the Naples Beach Hotel & Golf Club, which permanently closed in May and is proposed to be the future home of a Four Seasons resort. Dell’s MSD Partners and MSD Capital control a luxury portfolio that includes the Boca Raton Resort & Club purchased two years ago. MSD, which has offices in New York, California and West Palm Beach, is a private investment firm established in 1998 to exclusively manage the assets of Michael Dell and his family. Hamilton Harbor Yacht Club is tucked away in a protected harbor off Naples Bay on 28.38 acres at the southern tip of the city of Naples near Naples Botanical Garden, Rookery Bay National Estuarine Research Reserve, Gordon Pass and Keewaydin Island. Developed by Collier Enterprises in 2008, the private club has 25 floating wet slips and an advanced storage center that can hold as many as 325 boats. Its Old Florida-style clubhouse includes a full-service restaurant and bar. For the full story, click here.
Thursday, Oct. 7
NEPTUNE RESORT ON FORT MYERS BEACH SELLS FOR $27 MILLION
The Neptune Resort, a staple of the Fort Myers Beach vacation scene for more than 40 years, has changed hands. Springboard Hospitality, which owns 38 independent and branded properties across the United States, paid $27 million for the Neptune Resort. The company announced the transaction Wednesday. “We are excited to welcome the Neptune Resort to Springboard Hospitality,” CEO Ben Rafter said in a news release. “This news continues an exciting portfolio expansion in 2021 where we have strategically increased our presence in Florida and beach destinations, while continuing to leverage our expertise in managing independent hotels.” The Neptune Resort is at 2310 Estero Blvd. It has 71 suites and two heated pools. In-season rates start at $250. This is a business-as-usual transaction, said Laura Notaro, of The Point PR agency. The acquisition takes place with construction on the nearby Margaritaville Resort set to begin.
Wednesday, Oct. 6
HERTZ NAMES FORMER FORD CEO AS INTERIM CEO
Estero-based Hertz announced Tuesday that it named Mark Fields as interim CEO of the recently restructured company that emerged from bankruptcy this summer. Former Hertz CEO Paul Stone was named president and chief operations officer. The moves, effective immediately, are part of a vision for an all-new Hertz that combines the iconic company’s brand strength and global fleet management with new technology and innovations charting a dynamic, new course for travel, mobility and the auto industry, the company reports. Fields, who joined Hertz’s board of directors in June, also is a senior advisor at TPG Capital and former president and CEO of Ford Motor Co., where he served for 28 years. In addition, he is lead independent director of Tanium and serves on Qualcomm’s board of directors. In his new roles, Stone will focus on the company’s operations and customer service. The Hertz Corp., a subsidiary of Hertz Global Holdings Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands.
Tuesday, Oct. 5
CLEAN JUICE OPENS IN NAPLES, PLANS 10 LOCATIONS IN SWFL
Clean Juice made its regional debut Monday off of Naples Boulevard in North Naples. The fast-casual restaurant franchise especially targets people seeking healthy food alternatives. Its extensive menu of fresh and cold-pressed juices, protein smoothies, açaí bowls, wraps and toasts stands out because all of its products are certified 100% organic by the USDA. The North Naples location of Clean Juice is the first of 10 regional franchisee Mark Heinold plans to open in his territory from North Fort Myers to Marco Island during the next several years, providing more than 250 job opportunities. He already has leased 1,500 square feet of retail space off Ben Hill Griffin Parkway in Estero for a second location. Expect Clean Juice locations eventually coming to Fort Myers, Cape Coral, Marco Island and Collier County near Immokalee Road and Collier Boulevard, Heinold said. To read the full story, click here.
Monday, Oct. 4
HOFFMANN ACQUIRES OLD COLLIER GOLF CLUB IN NORTH NAPLES
Hoffmann Family of Companies, operated by Naples resident David Hoffmann, on Friday acquired Old Collier Golf Club, a prestigious 18-hole championship course on nearly 400 acres in North Naples. The purchase price for the property has not been disclosed yet. Situated along the Cocohatchee River, west of U.S. 41, the property originally was purchased for $7,299,000 in December 1998 by the Old Collier Golf Club Inc., an affiliate of Collier Enterprises, a Naples-based real estate investment and development firm. Celebrating its 20th anniversary this year, the Old Collier Golf Club offers invitation-only membership and does not have a residential component. Its stately clubhouse at 790 Main House Drive is recognized for its fine dining and wine program. The park-like setting course was designed by notable golf course architect Tom Fazio, who has created some of the top courses in the United States for decades. For the full story, click here.
Don’t be the last to know what’s happening in Southwest Florida. Sign up for our free daily newsletter, Gulfshore Business Daily, to stay connected.