RobertDouglas Advises in Financing of Sedona's Renowned Enchantment Resort and Mii Amo Spa

New York, NY – February 25, 2013 – RobertDouglas announced today that it advised New Enchantment LLC and their managers, The Enchantment Group, in the recently-completed financing of the Enchantment Resort and Mii Amo Spa. The financing was completed with MassMutual Life through its real estate affiliate, Cornerstone Real Estate.

Situated in the spectacular red rock canyons of Sedona, Arizona, the 5-star Enchantment Resort has won heart-felt accolades from critics for years, including being voted the "#1 Destination Spa in the World" by Travel & Leisure. The resort completed a top-to-bottom renovation of its 234 guest keys in 2012 that included brand new guestrooms and baths, a new restaurant and upgrades to all of the Resort's public spaces.

"We are delighted to have been able to assist the owners and their management team with this refinancing," said Douglas Hercher, a partner at RobertDouglas. "It is an iconic property and the recent renovation ensures that the property will compete at the very highest level for years to come."

Rob Stiles, a Principal and Managing Director at RobertDouglas, added, "while many lenders expressed interest in the financing, MassMutual recognized the strength and vision of the management at Enchantment, and was excited to have the opportunity to continue its involvement in the resort. Their proposal was compelling and it was a smooth transaction for everyone."

About RobertDouglas

RobertDouglas is a real estate investment banking firm with offices in New York, Los Angeles, San Francisco, Chicago, and Nashville that specializes in the sale, financing, and equity capitalization of hotel, resort, and gaming properties throughout North America. Founded in January 2013 and currently led by its four partners, Rob Stiles, Doug Hercher, Stephen O'Connor, and Evan Hurd, RobertDouglas offers access to exceptional domestic and international institutional investor and lender relationships as it combines the capital markets sophistication of top-tier investment banks with diligent hotel underwriting and proven asset management experience.

For more information, contact info@robert‐douglas.com or go to www.robert-douglas.com.

Douglas Hercher
Principal & Managing Director