Perla Global Capital Advisors Teams Up with Cruise on Land for Expansive Joint-Venture
Perla Global Capital Advisors and Cruise on Land International Join Forces
Los Angeles, Jan. 17, 2025 – Perla Global Capital Advisors has unveiled an exciting partnership with Cruise on Land International, marking a significant step in their strategy to penetrate the global real estate and hospitality markets. This collaboration is anticipated to reshape the landscape of lifestyle communities by offering unique and luxurious experiences, particularly in popular tourist destinations such as Punta Cana, Dominican Republic.
Mr. Wolfgang Castillo, the Chief Executive Officer of Perla Global, expressed confidence in their position as a global brand focused on delivering outstanding consumer value. He emphasized the importance of lifestyle communities, asserting that they provide comfort and exclusivity for visitors in Punta Cana, a region renowned for its stunning white sand beaches and azure waters.
With Punta Cana being the second-most visited tourist spot in Latin America, the joint venture aims to capitalize on the burgeoning travel and tourism industry. The region attracts numerous visitors drawn by its warm climate and idyllic landscapes, paving the way for significant investment potential. Mr. Castillo highlighted that the partnership will also facilitate business growth in key markets including Latin America, the Caribbean, the United States, Canada, and Europe.
Mr. Fernando Serrano, the Managing Principal Director, underscored the joint venture’s commitment to boosting the economy of the Dominican Republic. He stated, “We are excited that Cruise on Land International is a partner in the Joint Venture, aiming to create shareholder value while introducing a lifestyle category that emphasizes comfort and global experiences.” This venture not only targets consumer comfort but also encompasses a strategy for sustainable economic development in one of the Caribbean’s most vibrant regions.
The management team assembled for this initiative brings a wealth of experience across various domains, including construction, design, sales, and asset management. Their collective expertise is expected to drive the project forward efficiently and effectively, ensuring all facets of development align with the company's vision.
In a notable move, Mr. Serrano will be joining the Board of Directors as the Chief Capital Markets Strategy Officer. His extensive background and proven track record are believed to be pivotal for the venture's success. According to Mr. Samuel Losada, Chief Growth Officer, Serrano's deep understanding of capital markets will significantly contribute to navigating this expansive project.
About Perla Global Capital Advisors
Perla Global Capital Advisors is an established name in the investment banking sector, specializing in special situations across various continents including North America, Europe, Asia, Latin America, and Africa. The firm is dedicated to offering comprehensive advisory services ranging from debt and equity capital formation to strategic planning for mergers and acquisitions. Their expertise also covers complex scenarios such as restructurings and joint ventures, solidifying their position in the competitive financial ecosystem.
This joint venture stands as a testament to the commitment of Perla Global Capital Advisors to innovate and expand in dynamic markets, aligning with trends in tourism and real estate. As the partnership progresses, stakeholders can anticipate exciting developments benefiting both the investors and the local community in Punta Cana.
For any media inquiries or additional information, please reach out to:
Fernando Serrano
Managing Principal Director
Perla Global Capital Advisors
Los Angeles, CA
Direct Tel: 657-348-3764
Email: [email protected]