Dallas-based Macfarlan Capital Partners has acquired five resort and second-home properties in the US. The portfolio will become part of the TerraMesa Resorts brand, a resort development and management company established by Macfarlan. The properties were purchased from Dallas-based developer Centex for an undisclosed sum.
The resort properties include The Hollows on Lake Travis in Texas; The Waters at Horseshoe Bay Resort on Lake Lyndon B. Johnson in Texas; Pointe West in Galveston, Texas; Bear Lake Reserve in Tuckasegee, North Carolina; and South Peak Resort on Loon Mountain, in Lincoln, New Hampshire. MacFarlan previously acquired “V” at Lake Las Vegas in Nevada from Centex.
The properties also include marinas, golf courses, water and snow skiing, mountain fishing and other outdoor activities.
TerraMesa Resorts will oversee operations at the acquired properties.