Capital Focuses on Outdoor Hospitality Acquisitions

Robert Stiles, managing director/principal of RobertDouglas, says the partnership is poised for rapid growth.

SAN FRANCISCO—Under a recent agreement, Whitman Peterson led a dedicated capital commitment of $115 million focused on acquiring and redeveloping properties for AutoCamp’s expansion. As part of the transaction, Whitman Peterson also invested in the AutoCamp operating company.

Dedicated capital provided by Whitman Peterson will give AutoCamp the ability to develop more than $500 million in projects. The partnership has already closed on its first venture, the development of AutoCamp Yosemite. Situated a short drive from the gates of Yosemite National Park, the property will include 105 luxury Airstreams and tents, and is slated to open the first quarter of 2019.