Luxury hospitality-focused investment platform Mohari Hospitality and Weller Development Partners, which develops luxury hospitality and branded residential properties, have formed a partnership.
The partners will co-invest up to $2.5bn in luxury hospitality and mixed-use projects across North America and the Caribbean.
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This collaboration is poised to leverage both companies’ strengths to create luxury hospitality assets in key markets.
The programmatic relationship between Mohari and Weller will enhance Weller’s existing investments, including Six Senses Napa and Six Senses Grand Bahama, and establish a platform for future co-investments.
The synergy between the two companies extends to their shared commitment to social responsibility and environmental sustainability.
Mohari Hospitality managing partner J Allen Smith said: “Weller Development’s impressive, proven track record of developing exceptional luxury assets complements the capabilities of our firm and team well, and we look forward to combining our shared resources to continue both of our organisations’ commitments to creating best-in-class hospitality and leisure properties in key global luxury markets.”
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By GlobalDataWeller Development Partners founder and CEO Marc Weller said: “This partnership with Mohari Hospitality marks a transformative step for Weller Development Partners as we intensify our commitment to revolutionise the branded residential space.
“Mohari’s unique combination of entrepreneurial spirit and institutional experience is exactly what we look for in a strategic partner. This partnership aligns perfectly with our triple-bottom-line approach to development, and it will give us the runway we need to continue to source and develop world-class luxury hospitality projects for years to come.
“Our shared vision with Mohari ensures that projects like Six Senses Grand Bahama and Six Senses Napa will not only meet but exceed the aspirations of the most discerning global travellers, setting a new benchmark for luxury living.”
Weller Development Partners is developing the first North American locations for Six Senses, a global hospitality brand.
Set to be completed in 2026, Six Senses Grand Bahama will feature branded residences, resort villas, a Six Senses Spa, and other luxury amenities, all designed to blend wellness and sustainability with the island’s natural beauty.
Six Senses Napa includes branded residential homes, resort accommodations, and a Six Senses Spa, all designed by Olson Kundig, amidst the natural splendour of a 750-acre property.
