PANAMA CITY BEACH, FL—The Wyndham Bay Point Resort has a new owner. CAI Investment Series 2 acquired the property from Bay Point Resort Assets.
Located in Florida's growing panhandle region, the Wyndham Bay Point Resort sits on 321 acres at the tip of Bay Point with frontage and private beach access along Saint Andrew's Bay. Over the last 10 years, more than $25 million was spent on capital improvements to the hotel, golf course and golf villas, to build out a 12,000 square-foot spa.
CBRE represented the seller of the 319-room resort. Christian Charre, Paul Weimer, John Lamberson, and Natalie J. Castillo worked on the deal.
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