If you’re planning a visit to the luxurious Rancho Valencia Resort and Spa, you might be wondering who owns this stunning property. In this article, we’ll dive into the history of the resort and explore its ownership.
The History of Rancho Valencia Resort
Rancho Valencia Resort is located in Rancho Santa Fe, California. The resort opened its doors in 1989 as a tennis and fitness retreat. Over the years, it has evolved into a world-class luxury resort with 49 hacienda-style casitas, a renowned spa, and several dining options.
Ownership Changes
Rancho Valencia Resort has changed hands several times over the years. In 2006, it was purchased by Jeff Jacobs, a real estate investor. Jacobs invested over $30 million in renovating the property and transforming it into a luxury destination.
In 2010, Rancho Valencia Resort was acquired by JMI Realty, a real estate investment company based in San Diego. JMI Realty is known for developing high-end properties such as Four Seasons Resort Rancho Encantado in Santa Fe and Montage Kapalua Bay in Maui.
The Current Ownership
As of 2021, Rancho Valencia Resort is still owned by JMI Realty. The company has continued to invest in the property, most recently completing a $30 million renovation that included updates to all guest rooms and public spaces.
JMI Realty has also implemented several eco-friendly initiatives at the resort, including solar panels that generate up to 60% of its electricity needs and water conservation measures such as low-flow showerheads and toilets.
Conclusion
Rancho Valencia Resort has had an interesting ownership history since its inception in 1989. Today, it is owned by JMI Realty who continues to invest in the property’s luxurious amenities while also implementing eco-friendly initiatives. Whether you’re planning a romantic getaway or a family vacation, Rancho Valencia Resort is a must-visit destination.
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