Post by Johnny Hilbrant Partridge

BUMMER IN PARADISE! While staying in the largest suite currently available on property, our 9-month-old, EBITDA, experienced what I would describe as a minor liquidity event in the main pool. I'll apologize to anyone who was inconvenienced by this but I will not apologize for not diapering my child in a chlorinated pool. I have a firm position on swim diapers. They can materially constrain early-stage growth during a critical developmental window. Due to my role, we are committed to avoiding anything that may cap EBITDA’s upside trajectory. Accordingly, and consistent with the accountability standards we apply across our portfolio, I’ve personally offered to cover the full cost to drain and sterilize the pool. The Breakers team has been extremely professional throughout this process and we remain long-term believers in the property. We are grateful for everyone’s understanding.