In 2005, Merchant Equity Group began the execution of a strategic plan to diversify its investing activities to an international scope. By taking advantage of its inherent skill sets in early stage investing and land development and following clear demographic trends the partners began acquiring land in Central America specifically Belize and in the Bay Islands of Honduras. At the beginning of 2006, through its Black Pearl Resorts subsidiaries, the group finalized the acquisition of 600 acres on the Belize coast and 160 acres on Roatan, Honduras. By 2008, these projects have been successfully zoned, subdivided and sales achieving a full return invested capital. Substantial residential profits exist in both projects. Caribbean Home Mortgage, LLC was formed to act as the finance arm of Black Pearl and currently owns and services a portfolio of home loans.
Visit www.blueharbourroatan.com for information on our Roatan Honduras property.