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Representative Transactions

Below is a summary of selected investments owned and in many cases operated by either Watermark or Mr. Medzigian's other partnerships predating the formation of Watermark.

Photo Asset Name Location Description
Arnold Palmer Golf Management Arnold Palmer Golf Management U.S. National branded company active in the development, ownership, leasing and operation of golf courses and clubs throughout the United States (more)
Atria Senior Living Group Atria Senior Living Group U.S. Successor company representing the consolidation of ARV, Kapson Senior Quarters and Atria; public and private companies collectively representing the (more)
Boca Raton Resort & Club Boca Raton Resort & Club Boca Raton, FL Two destination resorts, multiple golf courses, a separate country club, marina, land development, residential development, and extensive food and (more)
Casa Madrona Hotel & Spa Casa Madrona Hotel & Spa Sausalito, CA Redevelopment and expansion of an urban resort including food and beverage facilities, conference facilities and a spa.
Chalet Susse Chalet Susse Northeast U.S. Acquisition and repositioning of a northeastern United States select hotel service owner, operator and franchisor representing the largest limited service (more)
Cheeca Lodge & Spa Cheeca Lodge & Spa Islamorada, FL Redevelopment within a marine sanctuary of a resort known for its world-class fishing and including golf, beach, food and beverage, conference facilities (more)
Cliveden Cliveden U.K. Owner and operator of ultra-luxury resorts and one urban property in the United Kingdom.
Commonwealth Atlantic Properties Commonwealth Atlantic Properties Arlington and Alexandria Counties, VA, Washington DC, Santa Monica, CA Initially, the entitlement and partial development of the original rail yards stretching from Washington Reagan Airport to Old Town Alexandria along the (more)
DoubleTree Hotel Memphis Downtown DoubleTree Hotel Memphis Downtown Memphis, TN Urban full-service hotel and T.G.I. Friday's Restaurant.
Embassy Suites Orange County Airport North Embassy Suites Orange County Airport North Orange County, CA Renovation and rebranding of an all suite property.
Fortress Fortress NA Repositioning and subsequent liquidation of a public national homebuilder with divisions active in 13 states.
Hastings International Conference Center Hastings International Conference Center Hartford, CT Redevelopment from a captive corporate training and lodging facility to a conference center.
Holiday Inn Neenah Riverwalk Holiday Inn Neenah Riverwalk Neenah, WI Urban hotel.
Hotel Pacific Hotel Pacific Monterey, CA All suite hotel located within a market with a long-term moratorium on new hotel development.
Indian Lakes Resort Indian Lakes Resort Bloomingdale, IL Redevelopment of a resort with 36 holes of golf and extensive resort and recreational facilities.
Inn at Laguna Beach Inn at Laguna Beach Laguna Beach, CA Oceanfront boutique resort.
Intown Suites Intown Suites U.S. Largest developer, owner, operator of budget extended stay hotels.
Kemayan Hotels & Resorts Kemayan Hotels & Resorts Asia Public Australian owner and operator of hotels and travel agencies throughout Asia and Australia.
La Posada de Santa Fe Resort & Spa La Posada de Santa Fe Resort & Spa Santa Fe, NM Redevelopment of an urban property within a developmentally restrictive locale resulting in the finest resort in the market area.
Monterey Bay Inn Monterey Bay Inn Monterey, CA Oceanfront property catering to deep sea divers.
Nordic Hills Resort Nordic Hills Resort Itasca, IL Redevelopment of a resort with 18 holes of golf & extensive conference facilities.
Ocean Place Conference Center Ocean Place Conference Center Long Branch, NJ Redevelopment from an ocean-front Hilton Hotel to a full-service conference center.
Park Inns International Park Inns International Worldwide Franchisor of limited service hotels throughout the Americas, Asia, Europe, the Middle East and India.
Park Plaza International Park Plaza International Worldwide Owner, operator and franchisor of full-service hotels throughout the Americas, Europe, Asia, the Middle East and India.
Pioneer Inn & Marina Pioneer Inn & Marina Oshkosh, WI Ownership of a lakefront middle-market resort.
Radisson Hotel & Conference Center Detroit-Livonia Radisson Hotel & Conference Center Detroit-Livonia Livonia, MI Rebranding, repositioning and comprehensive $12 million renovation of 226-room full-service hotel including the creation of new food, beverage and retail outlets. (more)
Radisson Paper Valley Hotel Radisson Paper Valley Hotel Appleton, WI Renovation and repositioning of a 390-room urban hotel, including meeting facilities for up to 2,000 people and multiple food and beverage outlets, (more)
Real Estate Funds and Operating Companies Real Estate Funds and Operating Companies NA Two equity funds including 15 real estate operating companies and totaling 50.118m sq. ft. including 3,647 hotel rooms, 14.3m sq. ft. industrial, 14,038 (more)
Ritz Carlton Rancho Mirage Ritz Carlton Rancho Mirage Rancho Mirage, CA Now known as the Lodge at Rancho Mirage, renovation and repositioning of a 240-room luxury mountain-top resort including the development of a spa (more)
Roaring Fork Club Roaring Fork Club Pitkin County, CO Development of a luxury resort and club including a Jack Nicklaus Signature Course, private residences, fractional ownership product, Blue Ribbon fly (more)
RockResorts RockResorts U.S. Re-launching of the luxury resort operator originally founded by Lawrence Rockefeller and focused on exclusive resorts in environmentally unique (more)
Rosario Resort & Spa Rosario Resort & Spa Orcas Island, WA Redevelopment of the largest resort in the San Juan Islands including the lodge and suites, marina, extensive residential land holdings and the utility (more)
Suburban Lodge Suburban Lodge U.S. Privatization and merger into Intown Suites.
The Algonquin The Algonquin New York, NY The careful restoration of one of America’s Ten Great Historic Hotels (according to Historic Traveler magazine), the center of New York’s literary and (more)
The Equinox Resort & Spa The Equinox Resort & Spa Manchester, VT Renovation, repositioning and rebranding of a 2,300-acre resort founded in 1769 and listed on the National Register of Historic Places that includes the (more)
The Fairmont Copley Plaza The Fairmont Copley Plaza Boston, MA Restoration, repositioning and rebranding of the Grande Dame of Boston Hotels since its opening in 1912. Creation of The Oak Room which was rated (more)
The Spindrift Inn The Spindrift Inn Monterey, CA Luxury oceanfront inn.
The Warwick The Warwick Houston, TX Renovation and repositioning of a historically significant 308-room full-service urban hotel.
Unique Hotels & Resorts Unique Hotels & Resorts U.S. Boutique hotel operator.
Victorian Inn Victorian Inn Monterey, CA Boutique hotel located in developmentally restrictive market.
Westward Look Resort Westward Look Resort Tucson, AZ Extensive redevelopment of a resort named one of the top tennis resorts in the United States and including extensive land holdings and a spa addition.