Sources said to BeBeez that the Conti Fiumi di Sterpeto Family sold luxury asset La Badia di Orvieto to the Pellicano Hotels Italy, a firm that belongs to the Sciò Family and Aermont Capital (see here a previous post by BeBeez). Paolo Marigliano Caracciolo is the ceo of Horizon Real Estate which assisted Pellicano Hotels Italy. Luca Coppola, a partner of Tokos Multi Family Office contributed to the deal’s origination. La Badia is a former Benedictine abbey whose origins date back to between VI and XII centuries. Marie Louise Sciò, the ceo of Pellicano Hotels Italy, will act as art and architecture director for the 43 million euros worth hotel refurbishing that the Italian Heritage Superintendence will supervise.
Italian construction and real estate co-operative firm CMB, received a 7-year 20 million euros financing facility from Mediocredito Centrale (MCC) for which SACE provided a 70% warranty (see here a previous post by BeBeez). Marcello Modenese, the chief financial officer of CMB, said that the company will invest such resources in its equity. Piero Ferrettini is the head of sales of MCC. Saverio Amoroso is the Senior Relationship Manager of SACE.
IDeA Corporate Credit Recovery, part of DeA Capital Alternative Funds, will invest in The Market Propco, the San Marino company that manages troubled San Marino Outlet Experience (SMOE) (see here a previous post by BeBeez). The fund acquired a minority stake of the target after having purchased the credits of Intesa Sanpaolo. Banca Agricola Commerciale San Marino also acquired a minority of SMOE whose majority belongs to Borletti Group and Domus, a vehicle of Hines, Apollo Asset Management and VI-BA. Dea Real Estate Advisor, Vincenzo Buonocore and VLG Capital are further owners of SMOE. DeA Capital Alternative Funds and Banca Agricola Commerciale retained Gianni & Origoni. Cerina Studio Legale, Paolo Mazzanti and Notaio Alberto Albertini assisted Borletti Group and Domus. EY Parthenon and Promos assisted SMOE that appointed Francesco Furino as ceo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors IDeA CCR and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager