Hacienda Pinilla Announces Sale of La Posada Hotel

18 December, 2014

Hacienda Pinilla Announces Sale of La Posada Hotel

Hacienda Pinilla Announces Sale of La Posada Hotel

• Ryhtmia Holdings will promote medical tourism

• Transaction will enhance real estate development in Hacienda Pinilla.

Agroganadera Pinilla, S.A., the owner of Hacienda Pinilla Beach Resort and Residential Community, Guanacaste, Costa Rica, announced today that it has sold La Posada Hotel to Rythmia Holdings Company SRL, a subsidiary of Rythmia LLC, a California based company. Rythmia Holdings intend to repurpose the former hotel located within Hacienda Pinilla as a medical tourism and treatment center.

“We believe that repositioning the property will benefit the overall Hacienda Pinilla project and allow project management to focus efforts on continued development and first-class management of the overall project”, said Bree McClure Pattillo, President of Agroganadera Pinilla, S.A.

”We look forward to enhancing the Hacienda Pinilla project by establishing a top of the line and cutting-edge medical tourism facility. We will contribute to Costa Rica’s growing reputation as one of the best places in the world to seek physical, mental and spiritual services geared toward health and well-being. Bringing high net worth individuals to our new hospitality destination will add to the developmental potential and economic growth of the area for Costa Ricans” said Dr. Jeff McNairy, General Director of Rythmia’s operations in Costa Rica.

About Hacienda Pinilla Beach Resort and Residential Community

Hacienda Pinilla Beach Resort and Residential Community is a 4,450 acre master-planned and permitted project, located in Guanacaste. It includes the J.W. Marriott Guanacaste Resort & Spa, residential areas, beach club, equestrian facilities, and a Mike Young designed masterpiece 18 hole golf course, Certified Audubon International Sanctuary.

About Rythmia Holdings Company SRL

Rythmia Holdings Company forms part of a group of companies which include Rythmia Life Advance Centers, Rythmia Domain Company, Rythmia Transportation Company, and Powell Properties Inc.