Becovic Real Estate
Becovic Holdings Corporation operates an expanding international real estate and hospitality porfolio.
BHC Opportunities Fund I launching soon
Becovic Holdings welcomes acquisition and investment submittals. more
Becovic Holdings Corporation is currently seeking next acquisitions for its portfolio of owned-and-managed real estate.
BHC operates as a privately-held real estate development company with in-house general contracting and property services. The firm maintains its headquarters in Bensenville, Illinois.
BHC welcomes acquisition and investment submittals, for real estate sites and projects throughout the U.S., and select markets overseas. Contact us for our current acquisition and investment criteria.
Becovic Holdings Corporation is a privately-held international investment organization, affiliated with U.S.-based Becovic Properties and Becovic Management Group. more
Hotel Mediteran Resort Ulcinj
Becovic Holdings' acquisition of Hotel Mediteran Resort in Montenegro was the new firm's first portfolio acquisition.
The Hotel Mediteran was purchased through affiliated entity BMG d.o.o. in July 2005 from the Bankruptcy Court of Podgorica (Montenegro), with plans to redevelop the property into a first-class coastal destination resort. Prior to Becovic Holdings's acquisition, the property had been a resort and hospitality asset of Montenegro-based hotel-tourist company, Ulcinjska Rivijera.
The Montenegro coastal region, centered in Ulcinj, is expected to be the world's #1 travel growth market for the next decade, according to the World Travel Tourism Council.
Since acquisition, BHC has completed renovation of 100 guestrooms, a pool overlooking Ulcinj's Old Town, and refurbishment of banquet and kitchen facilities. A new guest tower, destination spa and pool recreation complex are planned for a 2010 opening.
Hotel Mediteran Website
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