Skip to content
Thursday, November 5, 2026 · Today’s edition, 6:30 a.m. ETThu, Nov 5 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Catal Capital lends $38M for Georgia Margaritaville RV resort

The 341-space Camp Margaritaville Resort Golden Isles is backed by South Street Partners and Brighton Real Estate Ventures and slated for early 2028.

$38MConstruction loan from Catal Capital for Georgia RV resort

At a glance

  1. Commercial Observer first reported the loan.
  2. South Street Partners and Brighton Real Estate Ventures are developing the 54-acre site at 7350 Hwy 99, with 56 casitas and 285 RV pads expected to finish in early 2028.
  3. The loan works out to about $111,000 per site across 341 sites, a figure that debt funds and allocators can compare with other branded outdoor resorts when sizing niche hospitality construction risk.

Catal Capital provided $38 million of construction financing for Camp Margaritaville Resort Golden Isles, a 341-space RV resort in Brunswick, Ga. Commercial Observer first reported the loan.

South Street Partners and Brighton Real Estate Ventures are developing the 54-acre site at 7350 Hwy 99, with 56 casitas and 285 RV pads expected to finish in early 2028. Amenities include a pool, a restaurant, a bar, a clubhouse with retail space, a fitness center, two pickleball courts, a dog park, a music pavilion and a boathouse. Newmark arranged the financing.

The loan works out to about $111,000 per site across 341 sites, a figure that debt funds and allocators can compare with other branded outdoor resorts when sizing niche hospitality construction risk. Terms beyond the loan amount were not disclosed.

Margaritaville, the hospitality brand drawn from the songs of Jimmy Buffett, counts more than 40 vacation destinations, including island resorts, RV parks, casinos and cruise ships.

Reported by the Real estate debt desk from Commercial Observer. Published . Corrections

Related

Real Estate

TYKO funds 873 Jersey City units; the second tower is the tell

One lender for one tower leaves the second phase of a 1,542-unit plan as the only real read on Journal Square construction pricing.

Real Estate

TYKO funds $310M as Namdar stacks Journal Square debt

A single-lender construction facility lands three weeks after Namdar's $390 million Park Tower financing, committing roughly $700 million of debt and 1,922 Journal Square apartments to the same few years' clock.

Real Estate

An $85 million SoHo refi that underwrites Microsoft, not SoHo

The 300 Lafayette loan clears because 63,000 of the building's 82,000 square feet is one credit tenant in new construction.

Real Estate

Office CMBS delinquency climbs to 12.33% in October

Trepp's overall rate fell 15 bps to 7.87% on a single $975 million loan cure while retail rose 63 bps to 7.21%.

Real Estate

Walker & Dunlop arranges $110M loan for Waterton's Franklin buy

Wells Fargo is the lender on the floating-rate, interest-only acquisition financing.

Private Real Estate Dailyfrom Private Wealth Daily

Non-traded REITs, data centers, industrial and manager fundraising. Daily at 7:20 a.m. ET.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections