MILL SPRING, NC--(Marketwired - Aug 6, 2015) - Omar Botero, Chairman and C.E.O. of Alianza Trinity Development Group, LLC., ("Alianza"), owners of Bright's Creek Golf and Sporting Club, a pristine 5,000 acre private club community and resort destination located in Mill Spring, North Carolina, announced today the execution of a strategic partnership with Lantern Business Credit, LLC, an affiliate of Lantern Capital Partners. The milestone partnership provides a foundation for the remarkable resort-style community to launch into the next exciting phase of Bright's Creek development.
After completing the initial period of improvements to the existing infrastructure and amenities, which included restoring the Tom Fazio golf course to its original grandeur, this collaboration clears the path for Alianza's vision to deliver the next phase of luxury community development. In accordance with the previous plans, Bright's Creek will now begin construction on exciting family amenities including: the new swim, fitness and tennis centers, the outdoor activity areas for kids and young adults, as well as elevating the equestrian facilities and experience with more than 14 miles of scenic riding trails.
"We are thrilled about this strategic alliance and all look forward to working alongside the Lantern team bringing Bright's Creek to the next level," said Omar Botero, Manager and C.E.O. of Alianza. "The community and Bright's Creek members can expect major announcements in the weeks and months to come."
Lantern Capital Partners and its affiliates bring strong proficiency and knowledge to the Bright's Creek project. With an established history of creating value through a combination of operational and capital support, this partnership will secure the success of the Bright's Creek endeavor.
"After understanding and seeing Bright's Creek, I believe our experience and expertise is a perfect match to augment Alianza's vision for the property," says Andy Mitchell, CEO of Lantern Capital Partners. "Our ability to identify and assess opportunities for sustainable growth provides the optimal platform to propel this alliance and project to new heights." He added, "We believe in this partnership and the property."
About Bright's Creek
Nestled among the natural beauty of the Blue Ridge Mountains in Western North Carolina, Bright's Creek is an exclusive 5,000+ acre property, featuring home sites with breathtaking views of a Tom Fazio-designed, world-class championship golf course and scenic mountain ranges. Offering a refined, luxurious, and family-friendly lifestyle, Bright's Creek boasts an equestrian center, fifteen miles of riding trails, a member's lodge, and lush hiking trails. Acquired by Miami-based real estate developer Alianza Trinity Holdings, through its affiliate Alianza Trinity Development Group in August of 2013, Bright's Creek features over $100 million worth of infrastructure, facilities and amenities already in place including a 19-hole Tom Fazio PGA rated golf course, rated amongst the best in the country, proving to be an excellent buying opportunity for future owners, with a selection of prime lots and villas currently available. Bright's Creek amenities will be reinvigorated and expanded upon to create a new interpretation of luxury mountain home living that will be the premier recreational and sporting club destination in the region. New features will include a social clubhouse, swim and fitness center, tennis center, expanded equestrian center, premier gun club, kid's activity center, teepee village, tree houses and a wine tasting room. For more information, please visit www.brightscreek.com.
About Lantern
Lantern Capital Partners ("LCP") identifies investments where meaningful value can be created through a combination of operational and capital support. A solution provider, LCP is a credit and private equity partner specializing in strategic investments. We are dedicated to privately held businesses seeking a constructive long-term capital partnership and advisor.
Lantern Business Credit ("LBC"), an affiliate of Lantern Capital Partners, is a direct lending business focused on providing credit solutions for special situations. These include opportunities with strong asset coverage where Lantern differentiates itself through a complete understanding of operations and strategic alternatives.
For more information, please visit www.lanterncp.com.
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