ORLANDO, FL—Margaritaville Holdings, LLC, has named Andrew Steel as the company’s new director of development. Effective immediately, Steel will focus on cultivating new partnerships that support the Margaritaville brand’s ongoing international expansion.
“We are very pleased to welcome Andrew to the Margaritaville family as we continue to expand our business to new latitudes,” said John Cohlan, CEO of Margaritaville Holdings, LLC. “Andrew’s background, combined with his ability to establish positive relationships with potential partners and investment groups, make him an invaluable asset to our team.”
Steel joins Margaritaville with more than 10 years of real estate and development experience, during which time he has facilitated over $1.7 billion in successful transactions. He has worked with top-tier real estate developers and investors in the country and has a notable reputation for creative capital structuring.
Most recently, Steel was the president and co-founder of Akua Capital, where he specialized in debt and equity capital markets, and launched an operating financial technology platform. He has also worked with The Related Group, The Carlton Group and Faison Associates, where he consistently practiced sophisticated problem solving for new developments, equity and debt placement, work-out strategies and the restructuring of multi-tiered debt and equity structures.