MIAMI—Aruba Marriott Resort and Stellaris Casino have won the confidence of investors. CBRE Hotels arranged the $195 million mortgage for the recapitalization the assets on behalf of the owners.

“Our client's knowledge of the market and skilled stewardship of the asset, combined with the appeal of Aruba as an international leisure destination enticed a variety of capital sources,” Owens tells GlobeSt.com. “The institutional sponsorship paired with an aggressive on-the-ground asset management team, an incredible physical product, strong and consistent cash flow, and Marriott's global platform generated a surprising amount of liquidity for such a large Caribbean transaction,”

CBRE Hotels' Debt & Structured Finance's Mark Owens and team in cooperation with the firm's Caribbean lodging experts, Christian Charre and Paul Weimer, closed the transaction. Aruba's is a 414-key resort.