Commercial real estate brokerage firm CBRE arranged the sale of the Grand Cayman Marriott Beach Resort, a 4.74-acre oceanfront resort in Grand Cayman.
The brokerage firm’s CBRE Hotels unit represented the seller, Genbar Cayman Company Ltd., an affiliate of Coral Gables-based Gencom and The Private Equity Group.
CBRE disclosed neither the sale price nor the identity of the European buyer.
CBRE profesionals Christian Charre, Paul Weimer and Natalie J. Castillo sought the buyer together with Fleur Vagniez with Blue Point Consultants.
Charre, a senior vice president of CBRE Hotels, said in a company statement that “investors from the United States, Europe and Latin America competed for this remarkable resort, ultimately awarded to a European buyer.”
Prior to joining CBRE, Charre formed The Charre Group, a real estate investment firm focused on the lodging industry. He also worked 10 years with Jones Lang LaSalle Hotels in Miami, where as senior vice president he opened the firm’s office for Latin America and the Caribbean.