Wheelock Street Capital acquires Virginia resort
Wheelock Street Capital has acquired The Cavalier Resort in Virginia Beach, Va., in partnership with HEI Hotels & Resorts.
Wheelock Street Capital L.L.C. is a private real estate investment firm founded in 2008 by Merrick R. Kleeman and Jonathan H. Paul, two veteran real estate private equity investors, each with over 30 years of broad real estate transaction experience across all major asset classes and a desire to get back to hands-on investing.
Wheelock’s hybrid investment model has allowed us to create an enhanced strategy that marries deep asset-level expertise with market knowledge, allowing us to invest directly or alongside partners across asset classes.
15+ year track record of demonstrated and consistent outperformance over industry benchmarks.
10+ year track record of demonstrated and consistent outperformance over industry benchmarks.
Wheelock’s verticals demonstrate the firm’s expertise in the below asset classes and are critical to driving high quality, off-market deal flow.
Wheelock has a long track record across asset classes of selectively identifying opportunities to create value for our investors via deep investment knowledge, hands-on management and partnerships with best-in-class operators.
Wheelock Street Capital has acquired The Cavalier Resort in Virginia Beach, Va., in partnership with HEI Hotels & Resorts.
Firefly is the first original golf course design of Green’s career – construction has been steady in 2025 with several golf holes complete. The course is on track to open in summer 2026 and will be joined by a golf shop as well as food and beverage options.
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