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Announced

Completed

Golden Door completed the acquisition of Newland Sierra.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Private

Majority

Real Estate

Friendly

Real Estate Holding and Development

Completed

United States

rural site

Acquisition

Synopsis

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Golden Door, a San Diego resort, completed the acquisition of Newland Sierra, a 1.9k acre property. Financial terms were not disclosed. "We are excited to finally secure this remarkable benefit for climate action initiatives. Protecting this property reflects our deep commitment to sustainability, which we believe is part of our responsibility to our community and beyond. Caring for the incredible resources on this site is a way we can truly contribute to our shared climate action goals," Kathy Van Ness, Golden Door General Manager and COO.

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