Jeff Klein Seeks Investors in San Vicente Private Clubs With Goldman, JLL

• Jeff Klein seeks investors for San Vicente private club platform
• Backed by Ohana Real Estate Investors, working with Goldman Sachs and JLL
• Expansion planned across the U.S. and Europe

What the capital raise means for private club growth

San Vicente, a celebrity-driven private club brand, is exploring a stake sale to fund expansion, with founder Jeff Klein working alongside Goldman Sachs and JLL to source a strategic investor. Backed by Ohana Real Estate Investors, the company is positioning itself to scale beyond its current footprint in Los Angeles and New York City. This move reflects rising institutional interest in private clubs, which combine hospitality and real estate with recurring membership revenue.

What investor demand means for hospitality assets

The portfolio includes locations in West Hollywood, Santa Monica, and Manhattan, all high-demand, supply-constrained markets. These types of assets appeal to investors because they generate steady income through memberships while also capturing high-margin food and beverage revenue. Unlike traditional hotels, private clubs rely less on nightly occupancy and more on long-term customer retention, which can create more predictable cash flow.

What expansion plans mean for long-term growth

What this signals for CRE trends

This potential deal highlights how lifestyle and experience-driven real estate continues to gain traction among investors. Private clubs sit between office, hospitality, and social space, offering flexibility in how properties are used and monetized. For landlords and developers, this signals a shift toward assets that prioritize community, exclusivity, and recurring revenue over traditional models.