Mon Mar 23 2020
Ocean Properties buys out Zota Beach Resort partner Rockwood Capital | Business Observer
Rockwood Capital had provided funding for two dozen hotels beginning in 2007 by: Kevin McQuaid Ocean Properties Hotels & Resorts has bought out its financial partner in a Longboat Key resort, a sign of its confidence in the Gulf Coast hospitality market going forward. The deal involving the Zota Beach Resort, at 4711 Gulf of Mexico Drive, was one of two dozen Ocean Properties’ lodging assets in six states that Los Angeles-based Rockwood Capital invested in in 2007, records show….



