Flagship Venture
The Cipriani partnership will accelerate its global luxury expansion, starting with the brand’s debit casino at the Punta del Este development. The Beach Point and Sparta Capital financing will enable the construction of Phase 1, featuring 64 high-end suites, with 120 more suites planned for later stages.
Designed by renowned architect Rafael Vinoly, the oceanfront complex will include 68 exclusive residences, a private beach club, a luxury casino, and premier boutiques. The project is transformative for Uruguay and will create an iconic architectural landmark on the South American coastline.
All-Around Endorsements
Beach Point’s Head of Private Credit, Michael Haynes, underscored the firm’s hospitality and gaming expertise, stating, “We were thrilled to be able to partner with Giuseppe Cipriani and his team to provide this carefully tailored financing to meet the capital needs of the company as it builds on its strong momentum as a market-leading luxury brand.” He emphasized how the collaboration would accelerate the Punta del Este project timeline.
Cipriani CEO Giuseppe Cipriani affirmed, “We truly value Michael and the Beach Point team’s partnership. This financing will accelerate the global expansion of Cipriani’s footprint.” He credited Beach Point’s knowledge of hospitality and innovation as essential to the venture.
A Regional Benchmark
Scheduled to debut in December 2025, Cipriani’s Punta del Este complex will become South America’s largest luxury resort, elevating the continent’s benchmark for premier tourism. The development will feature three residential towers ranging from 30 to 60 stories with amenities, such as a conference center, a golf simulator, spa facilities, an outdoor pool, and wellness centers.
The project’s crown jewel, Cipriani’s first branded casino, targets elite global travelers, signaling an evolution from the brand’s historic focus on dining and clubs in New York, London, Venice, and Dubai.
