Nocturne Luxury Villas Acquires Grand Cayman Villas and Condos; Gladstone Invests $18.5M in Support
August 5, 2024
Nocturne Luxury Villas acquired Grand Cayman Villas and Condos (GCVC), a villa rental management company that represents more than 180 properties across Grand Cayman. Gladstone Investment Corporation (NASDAQ: GAIN), an existing investor in Nocturne, provided $18.5 million of secured first‑lien debt to support the transaction and increase its investment in the Nocturne platform.
- Targets
- Grand Cayman Villas and Condos
- Platforms
- Nocturne Luxury Villas
- Industry
- Real Estate
- Location
- Cayman Islands
- Transaction Type
- Addon
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