REDFEARN CAPITAL NEWS

 Landmark Reopens 

Fort Lauderdale

In 1956, before Disney, before “Where The Boys Are,” before much of modern Florida tourism, brothers Bob and Jack Thornton dropped a then-record-setting $350,000 to create the most expensive restaurant project in the nation that year: A Polynesian-themed restaurant on U.S. 1 just north of Fort Lauderdale. They added a dinner show a few years later. The Mai-Kai became a Fort Lauderdale landmark. It’s on the National Register of Historic Places. It closed in 2020 after a plumbing failure caused extensive damage.

It reopened the week before Thanksgiving after a $20-million restoration under current managing partner Bill Fuller, who partnered with the Thornton family and investors.

Original article posted on Florida Trend

About Redfearn Capital

Redfearn Capital (“RC”) founded in 2014 is a private equity commercial real estate company that targets value add, distressed and opportunistic investment opportunities. RC does property management, construction management and asset management for its portfolio in-house.

The Company partnered with an institutional capital partner for larger deals and works with a few high-net-worth family offices for smaller deals creating a compelling growth story. Quick decision making and proven investment principles allow Redfearn Capital to create value in the ever changing commercial real estate industry. Redfearn Capital has over $750 million of assets under management, over 4.9 million square feet and 250+ active tenants in three states. Redfearn Capital’s HQ is in Delray Beach, FL.

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