Hacienda Pinilla announces its objective to ensure new owners, Foundation funds

Kansas City, Mo. -Agroganadera Pinilla, S.A., owner of the Hacienda Pinilla Beach Resort and residential community, Guanacaste, Costa Rica, today announced that it will offer to qualified investors a unique opportunity to participate in an auction of Hacienda Pinilla. Net revenues from the sale will be used to finance permanently Guanacaste Ventures U.S., Inc., and its counterpart Costa Rica, the Guanacaste progress Foundation, each established by H.G. “Pat” Pattillo, Agroganadera Pinilla, S.A. shareholder

“For more than 40 years, have enriched me for the opportunity to be part of the community of Guanacaste and feel that it is important, now more than ever, invest in their future,” said Pattillo. “After so many years, I must ensure that the work of the Foundation follow progressing after that I am not able to personally obtain funds for the continuity of operations.” The foundations have improved and repaired more than 45 schools in Guanacaste, have provided local medical assistance, construction of low-cost housing and scholarships for the youth of Guanacaste for attending universities in the United States. “It is also important that we continue to build value in the project to benefit those who say call the Hacienda Pinilla home.”

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United Country Real Estate, a global agency of real estate and auction specializes in property assets and distinctive marketing roots of investment-grade, is committed to assisting Agroganadera Pinilla, S.A to market internationally in cooperation with David Pinsel, Administrative Director of Colliers International North Texas, and Patrick Duffy, President of Colliers International Houston.

“” Newly renovated International Airport offers Guanacaste on the “short list” to tourists global and retired,”said Dan Duffy, Executive Director of United country Real Estate.” Hacienda Pinilla combines all the advantages and convenience expected from a world-class destination resort community and the best that can be expected of the lifestyle of Costa Rica. There is a reason why successful J.W. Marriott developers chose to build on this property. “They were sure of the fact… would an extensive infrastructure, comprehensive permits and great advantages to attract worldwide interest in their property and were right,” Duffy added. The Resort & Spa J.W. Marriott Guanacaste, located at Hacienda Pinilla, is an independently owned and will be not included in this sale.

“Because of the scale of what is being offered to the market, about 4,450 planned acres of master form and allowed communities with an exceptional infrastructure and turnkey operations, Hacienda Pinilla will provide plots separately as a whole,” said Mike Jones, President of United Country Auction Services. “We are already receiving strong interest.” “There certainly is something for serious developers who wish to take part in a unique development opportunity in an exceptional region of the world.”