A Blank Rome team represented Gladstone Investment Corporation (Nasdaq: GAIN), a publicly traded business development company focused on middle market companies, in the sale of its portfolio company Nocturne Luxury Villas, Inc. (“Nocturne”) to an affiliate of Calera Capital. The transaction closed on March 11, 2025.

Nocturne, along with its subsidiaries, operates luxury vacation rental management services in St. Barth’s; Grand Cayman; Cabo San Lucas, Mexico; Telluride, Colorado; Santa Barbara, California; and Florida’s Emerald Coast. For more information, please read: Gladstone Investment Corporation Exits Its Investment in Nocturne Luxury Villas.

The Blank Rome team was led by Emanuel Faust, Nathan Brill, James D. Kelly, Nora E. Tidey, and Aria Janiszewski, with assistance from Gabrielle C. Phillips, Joseph T. Gulant, David A. Gilbert, Michael A. Kadlec, Megan E. Spitz, Brooke T. Iley, Brian O’Neil, Frank L. Tamulonis, Alex C. Nisenbaum, Hannah K. Ahn, and Mary Anne Kowalczyk.