Nashville, TN — Blue Capital Holdings has officially closed Project Echo, a $100 million portfolio of premier RV parks and outdoor hospitality assets spanning high-demand markets across the United States. Blue Capital’s largest acquisition to date.
The milestone marks a significant step forward in Blue Capital’s strategy to consolidate and elevate quality RV communities in strategic leisure destinations nationwide.
A Portfolio Built for Growth
Project Echo includes seven RV resorts and campgrounds located in desirable outdoor and travel corridors:
- Indian Waters RV Resort & Cottages – Indio, CA
- Verde River RV Resort & Cottages – Camp Verde, AZ
- Twin Grove RV Park – Pine Grove, PA
- Americamps RV Resort – Ashland, VA
- North Landing Beach RV Resort & Cottages – Virginia Beach, VA
- Raleigh Oaks RV Resort & Cottages – Four Oaks, NC
- Fayetteville RV Resort & Cottages – Wade, NC
Collectively, the total portfolio now comprises approximately 4,300+ sites across established and expansion-ready properties, with a blend of stabilized assets and targeted growth opportunities.
A Strategic Milestone
Project Echo represents the largest portfolio closed to date for Blue Capital’s RV park platform. The transaction underscores growing institutional and private investor confidence in outdoor hospitality as a durable real estate category.
Blue Capital’s leadership team, including John Cascarano, Rich Turasky, and Erik Fordyce bring decades of experience across real estate acquisition, development, and operations . Their complementary backgrounds have positioned the firm to pursue scalable growth opportunities in a market that remains highly fragmented.
Looking Ahead
With Project Echo now closed, Blue Capital is focused on a new acquisition pipeline, operational integration, strategic enhancements, and disciplined expansion within existing markets.
As demand for high-quality RV experiences continues to grow, the firm believes that thoughtfully managed outdoor hospitality communities can deliver long-term value for guests, local economies, and investment partners alike.
David Bonaventura is Vice President of Investments at Blue Capital Holdings, where he leads investor relations. He works directly with investors from first conversation through diligence, documentation, onboarding, ongoing LP communication and partnership with the firm. He coordinates 1031 exchange investors with qualified intermediaries and title companies so transactions stay on track. He began his career as a commercial real estate and transaction broker, active across Arizona, North Carolina, Texas, and Florida before joining Blue Capital in Scottsdale. He focuses on clear communication, disciplined process, and long-term investor relationships.