Stonehouse Capital Acquires Napa Valley Gem, Rancho Caymus Inn
NAPA VALLEY, Calif.--(BUSINESS WIRE)--Oct 28, 2021--
Stonehouse Capital (“Stonehouse”), an esteemed investor, owner, and developer of distinctive hospitality assets, has acquired the historic Rancho Caymus Inn located in the very heart of Napa Valley. The boutique hotel is one of few select properties that rests within Rutherford proper, immediately surrounded by some of the most distinguished vineyards and winemakers in the world. The property’s exceptional location is not only central to the valley but also uniquely walkable to a plethora of prominent neighbors. A charming atmosphere within an idyllic hamlet, at just 26 boutique rooms, guests of Rancho Caymus Inn feel like they are “in-on-the-secret”.
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Rancho Caymus Inn | Rutherford, CA (Photo: Business Wire)
The property was originally built by the late vintner, designer, pilot, and renaissance woman, Mary Tilden Morton (of the Morton Salt Family). It was thoughtfully and skillfully restored by the Sellers who preserved many of Rancho Caymus’ original details – including stained-glass windows, masterful mosaics, heavy 19 th century barn-wood beams, and other details throughout. The Inn’s name and aesthetic both pay homage to the historic 1836 Rancho Caymus land grant.
The acquisition of the Inn marks a return to the valley for Jeff Broaden, founder & CEO of Stonehouse Capital. In partnership with Auberge, as a partner at his prior firm, he helped lead the successful acquisition and ownership of Calistoga Ranch. It was also in Napa Valley that he married his wife, almost a decade ago. With a deep appreciation for the fundamentals of the valley, Jeff had been seeking another worthy investment that meets the requirements of being both emotionally stirring and financially compelling.
“We are thrilled to add this incredibly unique boutique hotel to our portfolio.” said Jeff Broaden, Founder and CEO of Stonehouse Capital. “Napa Valley is a wonderful community filled with passionate creators and artists; one of the more inspiring destinations anywhere. We are excited to become the new stewards of this property and thrilled to be surrounded by such wonderful neighbors in Rutherford and the broader wine country.” He added, “We are happy to announce our partnership with Life House for management – we chose them for their innovative platform, creative edge, shared enthusiasm for Napa and this asset, and commitment to elevating the experience of our guests in this special destination.”
“We are ecstatic to be part of the treasured Rancho Caymus Inn in the heart of Napa Valley,” added Rami Zeidan, Life House’s founder & CEO. “We are grateful to work with Stonehouse Capital and very much appreciate their forward-thinking approach that will bring a wonderfully enhanced and authentic guest experience and optimal profitability through our management platform”.
About Rancho Caymus Inn
Nestled in the idyllic hamlet of Rutherford in Napa Valley, Rancho Caymus Inn is an historic 26-room boutique hotel unlike any other in wine country. The Inn’s classic California style was handcrafted using materials that were carefully dismantled from a 19th century Yorkshire Ohio barn. The all-suite property features expansive bi-level rooms, with the living area on the lower level, and bedroom and bathroom upstairs. The rooms surround a lovely courtyard, which plays host to a nightly wine hour that is complimentary for guests. https://ranchocaymusinn.com/
About Stonehouse Capital
Stonehouse Capital, LLC (Stonehouse), is a distinguished investment firm leading compelling ventures, including the acquisition and development of distinctive real estate and hospitality assets. The firm is guided by a true-partnership approach, driving positive results and impacts for their stakeholders and the communities in which they operate. Amongst other investments, Stonehouse has been quietly assembling a portfolio of select, irreplaceable resorts and hotels in leisure destinations. www.stonehouse.captial
About Life House
Life House is a New York-based, venture-backed and vertically-integrated hotel brand, management, and software company. Life House has built a proprietary technology stack to power a platform that makes hotels more seamless and more profitable for hotel owners and travel more meaningful and more accessible for travelers. Life House operates a growing portfolio of boutique and luxury hotels, with 50 projects open or under development across the US and Mexico. https://www.life-house.com.
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CONTACT: Bryan Dunn
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: LODGING DESTINATIONS TRAVEL VACATION
SOURCE: Life House
Copyright Business Wire 2021.
PUB: 10/28/2021 04:00 PM/DISC: 10/28/2021 04:02 PM