The Ritz-Carlton Residences, Grand Cayman Unveil Most Expensive Penthouse Residences On The Island

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Built for those who seek an island home that reflects a luxury lifestyle complete with exclusive elegant surroundings and personalized service

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Five Mile Capital Partners, LLC today announced the official debut of a collection of six new Residences at The Ritz-Carlton, Grand Cayman; one of the most beloved resorts in the Caribbean and a AAA Five Diamond Award winner. These iconic residences feature the one-of-a-kind Grand Cayman Penthouse with over 8,000 square feet including three-bedrooms, sweeping ocean views, state-of-the-art kitchen, sprawling outdoor terrace and private screening room.

Located in the heart of Seven Mile Beach, these spacious and ultra-exclusive two- and three-bedroom furnished penthouses are perched on the seventh floor and offer expansive views of the beach and North Sound. Owners will enjoy pre-arrival concierge service, valet parking, and a Residence Concierge. The world-class property is amenity rich with five dining venues including Blue by Eric Ripert, La Prairie Spa, a Greg Norman designed golf course, the Courts by Bollettieri tennis center, multiple pools, water park and Jean-Michel Cousteau’s Ambassadors of the Environment.

Encompassing the entire top floor of the South Tower of The Ritz-Carlton, The Residences were built in partnership with Phoenix Construction, a locally based Cayman Islands firm. With interior designs to complement its location, The Johnson Studio out of Atlanta, Georgia, drew inspiration from the island’s world famous backdrop of crystal blue water and sparkling sand, creating an authentic look and feel through the use of deep blues, greens and a soft color palette.

“We are delighted to introduce this contemporary collection of residential masterpieces. They redefine Caribbean luxury living with sophisticated custom designs and unparalleled first class amenities,” says Jim Glasgow, Managing Member of Five Mile Capital Partners LLC, the alternative investment and asset management company that developed the project. “The Residences exclusively afford owners and their families the best of both worlds: the excitement that comes with an all-season pass to the Caribbean, and the comforts and extravagances of The Ritz-Carlton.”

Complementing Seven Mile Beach’s natural beauty, The Ritz-Carlton Residences, Grand Cayman are not only defined by refined style and lavish finishes, but also by its legendary service. The gracious service is both anticipatory and genuine. The ladies and gentlemen of The Residences who help to bring this philosophy to life are ambassadors of the brand who deliver personal and memorable services and experiences to their residents.

The Residences are whole ownership homes consisting of two- and three-bedroom penthouses ranging from 2,540 to 8,070 square feet with each penthouse featuring a unique floor plan that is distinctive, luxurious and livable. The Residences are selling from $3.85 million to $16.14 million.

Please click here to learn more about The Ritz-Carlton Residences, Grand Cayman. Potential buyers who wish to schedule an appointment can contact Paul Young at Savills Grand Cayman at +1 345-640-6410 or PaulYoung(ay)savills.ky.

About Five Mile Capital Partners, LLC
Five Mile Capital Partners LLC is an alternative investment and asset management company established in 2003. The Firm specializes in investment opportunities in real estate, debt products, structured finance, asset-based lending and financial services private equity. Five Mile's Principals have significant experience, knowledge and skills relevant to the financial services industry and believe the cyclical and dynamic nature of the sector continually provides a broad opportunity for investments across the capital structure. The Firm's headquarters are based in Stamford, Connecticut with an office in New York City. Five Mile has approximately $1.8 billion in assets under management. For further information on Five Mile Capital, please visit http://www.fivemilecapital.com.

The Residences at The Ritz-Carlton, Grand Cayman, are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“Ritz-Carlton”.) Five Mile Capital Partners, LLC uses The Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company, L.L.C. which has not confirmed the accuracy of any of the statements or representations made herein.

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Jennifer A. Oberstein
The Ritz-Carlton Residences, Grand Cayman
+1 917-887-4872
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