The Opportunity

The Capri combines an established hospitality brand with an active growth and repositioning strategy. Recent improvements, planned upgrades, and new operating initiatives are aimed at expanding revenue opportunities and strengthening the property's market position. Through RedSwan's tokenized preferred equity structure, eligible participants can gain exposure to a hospitality asset in the Hamptons with access to secondary market liquidity. The next stage of the asset's development is set within one of the most recognised leisure destinations in the United States.

Asset Overview

The Capri is a 30-room boutique hotel located on the Southampton Bypass in Southampton, New York. Operating seasonally from May through September, the property has established itself as a recognised hospitality destination within the Hamptons, attracting a loyal repeat visitor base and benefiting from strong cultural visibility through media appearances and high-profile guests. PROPERTY & DESIGN The hotel was redesigned by Meyer Davis Studio, a New York-based firm specialising in luxury hospitality and residential projects. The property features a beach-chic aesthetic, including Sferra linens, Cynthia Rowley design elements, Red Flower toiletries, and complimentary San Pellegrino and Acqua Panna provided in every room. AMENITIES & GUEST EXPERIENCE The Capri's amenities include The Bathing Club, an outdoor pool area with poolside service, fire pits, and social spaces designed around the property's resort-style atmosphere. The hotel also features an on-site restaurant with outdoor dining, live DJs on weekend evenings, and a history of hosting recognised food and beverage concepts, including BLT Steak and Nobu poolside menus. REPUTATION & CULTURAL PRESENCE The property has welcomed notable guests including Jennifer Lopez, Howard Stern, Robert De Niro, Amy Poehler, Nancy Pelosi, Kathy Hochul, Eric Adams, and Letitia James. The Capri has also been featured on Summer House, The Real Housewives of New York City, and The Real Housewives of Beverly Hills. ASSET ENHANCEMENT STRATEGY The property recently completed a capital improvement programme that included infrastructure upgrades and the addition of a new guest room. Planned initiatives include lobby and med-spa renovations, expanded off-season operations, and activation of the courtyard for private events. For Summer 2026, the property has announced a new food and beverage partnership with Maison Close - a French-inspired dining concept from SoHo, New York, with an established following among the New York social crowd.

Investment Terms**

Revenue Model

The property generates income across three streams: ROOM REVENUE Seasonal operations from May through September, capturing peak Hamptons demand from a high-net-worth leisure and social clientele. FOOD & BEVERAGE On-site restaurant with outdoor dining, with a track record of hosting name-brand F&B concepts. EVENTS & ACTIVATION The courtyard provides infrastructure for private events - a stream the current capital programme is specifically designed to expand.

Why This Market

THE HAMPTONS MARKET The Hamptons is a coastal resort destination on Long Island, approximately 100 miles east of New York City, and one of the most exclusive leisure markets in the United States. The area attracts high-net-worth visitors from New York City and international markets, with peak demand concentrated between May and September. Hotel supply in the region is structurally limited. At the time of The Capri's most recent sale process, it was the only hotel listed on the market in the Hamptons. This combination of strong seasonal demand and limited supply has historically supported high occupancy levels and premium room pricing across the market, though past performance is not indicative of future results. The Hamptons is accessible from New York City by car, rail via the Long Island Rail Road, and bus via the Hampton Jitney, providing convenient access for visitors throughout the season.

Property management

• The Capri Hotel is owned by Geragos Global - the hospitality group of attorneys Mark Geragos and Tina Glandian, who acquired the property in 2015 and have since invested significantly in its renovation and repositioning. • Day-to-day hotel management is led by Mayank Dwivedi, a real estate entrepreneur with a Wall Street background and an active portfolio of boutique hospitality assets across the Hamptons and the US East Coast.

*Target only. Not a guaranteed or promised return **All figures, percentages, and returns shown in the infographics are targets only and are not guaranteed.