Hong Kong Faithrise Investment Holdings Limited | StoneCreek Partners acted as a real estate due diligence and consultant and owner representative to the acquisition process, to this PRC-based investor pursuing a coastal California golf resort (development site) acquisition. Work included issues of project feasibility and hotel management company alternatives for this new development situated to include two existing championship golf courses.
Established in Hong Kong SAR, Faithrise Group (the “Group”) is a new capital and products operation group. As of year-end 2014, the Group had approximately USD $325 million under direct management, with new capital infusion in 2015-2016 that will take the Group’s assets under management to well over USD $500 million. Through wholly-owned affiliates, Faithrise Group has established outbound investments throughout the U.S., Canada, and now in Spain. In 2014, the Group formed Faithrise Capital Spain S.L. (Madrid) to facilitate its acquisition of Barcelo Sancti Petri Spa Resort, a 5-star resort in Cadiz. In 2013, Faithrise Group acquired SimpliFlow Competitive Sports in Toronto, which is now expanding in Canada and soon to the U.S. and Europe.
