GenX Capital and Partners Pay $9MM For Miami Villa and Boutique Hotel Launching Luxury Short Term Rental Brand

Mark McClure, managing partner of Miami and Portland Maine based GenX Capital Partners along with several investors launched Chill Villa’s, a short-term rental brand that geared towards the luxury segment.

The first two acquisitions were 1018 Jefferson Avenue in Miami Beach, formerly the Oasis boutique hotel, and Villa Merida, a luxury mansion at 1545 Meridian Avenue in Miami Beach. The acquisitions were $4.2MM and $4.8MM respectively, with Oasis closing first week of December and Villa Merida Jan 10th.