November 26, 2022

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Nocturne Luxury Villas Invests in Paradise Retreats, Leading Vacation Rental Management Company in Santa Barbara, CA

Paradise Retreats Luxury Villas in Santa Barbara

Theo’s and Becky’s passion for Santa Barbara is embodied in the exceptional small business they have created. We’re thrilled to be working along with them and their hugely professional staff.”

— Scott Simmons

MCLEAN, VIRGINIA, UNITED STATES, November 17, 2022 /EINPresswire.com/ — Nocturne Luxurious Villas (“Nocturne”), with each other with Gladstone Expense Company (NASDAQ: Obtain) (“Gladstone Investment”), introduced the completion of its financial investment in Paradise Retreats Genuine Estate, Inc. (“Paradise Retreats” or the “Company”), the main villa rental management organization in Santa Barbara, CA. Paradise Retreats enhances these other legendary manufacturers now below the Nocturne umbrella, together with Fantastic Stays/Telluride Rentals, St. Barth Properties, West Indies Management Firm and Cabo Villas.

Founded in 2006 by husband and spouse, Theo and Becky Kracke, Paradise Retreats has given that set the normal for luxury villa rentals in Santa Barbara and the bordering location, regarded in refined circles as the American Riviera. Boasting the premier portfolio of upscale trip houses in the location, around 100 homeowners have entrusted the management of their Santa Barbara attributes to the Organization, ranging from lux beach front bungalows to grand mountainside villas to wine region estates.

Scott Simmons, Nocturne CEO, commented: “Theo’s and Becky’s enthusiasm for Santa Barbara, which they have referred to as dwelling for decades, is infectious and embodied in the company they have crafted along this distinctive stretch of California shoreline. With their commitment to excellence in 5-star hospitality and property management and their determination to their neighborhood, we’re thrilled to be doing the job alongside them and their remarkably experienced team.”

Peter Roushdy, Government Vice President and Handling Director of Gladstone Investment, added: “Nocturne’s singular emphasis is determining the optimum undertaking luxury villa rental administration teams in a person-of-a-kind destinations in purchase to produce continuously exceptional provider to each our property owner and guest customers. Paradise Retreats and the industry they serve are a perfect match for us.”

Theo Kracke, Paradise Retreats CEO and co-founder, observed: “Becky and I are proud of our outstanding workforce and the company we have constructed together. With the more resources and deep skills that Nocturne brings, we’re really fired up about Paradise Retreats’ subsequent chapter in partnership with them.”

Gladstone Financial investment partnered with Aureus Funds and members of the Company’s executive administration in the development of Nocturne, a platform for obtaining and integrating luxury vacation rental administration businesses. Nocturne was launched by Scott Simmons, Marshall Calder and Carl Colletti, Nocturne’s Chief Govt Officer, President and Main Economic Officer, respectively.

For further information, visit: www.nocturneluxuryvillas.com or call the Business at: [email protected]

Scott Simmons
Nocturne Luxury Villas
+1 630-453-1168
[email protected]