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Bain Capital Credit, Stoneweg acquire second asset
Transactions - JANUARY 31, 2022

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Bain Capital Credit, Stoneweg acquire second asset

by Released

Stoneweg Hospitality and Bain Capital Credit, via their real estate hospitality joint venture, have signed an agreement to acquire the group of companies that owns and operates the Hotel Los Monteros Spa & Golf Resort in Marbella, Spain.

The investment is the second undertaken by the JV in the Marbella area after the 2021 acquisition of the Andalucía Plaza hotel in Puerto Banús, which is being converted into the Hard Rock Hotel Marbella.

Constructed in 1962, the five-star resort comprises 178 rooms, mostly suites. It also includes a large outdoor swimming pool; three restaurants, including El Corzo, the first hotel restaurant in Spain to receive a Michelin Star; a spa; a gym; seven tennis courts; and six paddle-ball courts. One of the first five-star hotels in Spain, the resort’s guests have included royalty, musicians and Hollywood stars.

The hotel has more than 10,700 square feet of space to host corporate and social events, including conferences and w

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