Flagship · pre-construction
Molaya Bay Resort & Residences
Latin America’s first mountain surf-lagoon eco-resort. molayabay.com
Sponsor and developer · Panama
Developing dreams together
TrinityHills Capital is the sponsor of Molaya Bay Resort & Residences and the developer of Trinity Hills, in the valley beneath Cerro Trinidad, 50 minutes from Panama City.
$184.6MPhase 1 total uses
8 of 10permits secured
43.1acres, shovel-ready
$1.5B+delivered by the team
Portfolio
One valley, a family of projects
Every project shares the same land, the same team and the same idea: one mountain, one valley, one destination.
Opens January 2029
Panama Surf Lagoon
The resort’s wave and its Peak Society membership, capped at 340 families. panamasurflagoon.com
Delivered · since 2016
Trinity Hills
The established mountain-home community next door. trinityhillspanama.com
Delivery 2030
SMR-Panama
Longevity and Regenerative Health Center, a 3,900 m² purpose-built center at Molaya Bay.
Vision · in planning
Trinity Hills’ Golden Years
A specialized senior housing community designed for US retirees. See the vision
Accredited investors
Southern Winds Capital
Our Reg D 506(c) investment vehicle for Molaya Bay. southernwindscapital.com
Molaya Bay at a glance
Institutional pieces in place before groundbreaking
- Marriott Tribute Portfolio franchise executed, November 27, 2025
- Endless Surf ES36 design, supply and supervision contract executed, February 20, 2026
- Environmental Impact Study approved January 28, 2026; zoning approved September 24, 2025; permanent water concession granted
- Land owned and unencumbered; Colliers as-is appraisal $39.5 million (September 2024)
- Construction management by LEXCO; design by EMA and AO Architecture
| Item | Molaya Bay, Phase 1 |
|---|---|
| Phase 1 total uses | $184.6 million |
| Hotel | 111-key Tribute Portfolio hotel, opening April 2029 |
| Panama Surf Lagoon | 2.5-acre Endless Surf ES36 lagoon, 64 surfers at once, opening January 2029 |
| Residences | 284: 150 Tribute Portfolio branded residences and 134 lifestyle condominiums |
| SMR-Panama | 3,900 m² Longevity and Regenerative Health Center |
| Site | 174,408 m² (43.1 acres), roads, power, water and fiber installed |
| Projected sponsor returns (base case) | IRR 23.1%, MOIC 5.32x |
| Projected unlevered project IRR | 21.1% on full cost |
| Construction start | January 2027 |
Projections come from the Molaya Reserve Unified Financial Model v3.8 (base case). They are management estimates, not guarantees, and depend on the assumptions in the project data room. Nothing on this page is an offer to sell securities.
Health and longevity
SMR-Panama, Longevity and Regenerative Health Center
A 3,900 m² building at Molaya Bay, built to hotel standard, for preventive, longevity and regenerative medicine. It brings medical travelers and long-stay guests to the resort, and gives the whole valley access to specialized care close to home.
- Shell delivered 2029, operating from March 2030
- Own wastewater plant and standby power
- Operated by a specialized medical tenant under a long-term lease
Vision · target horizon 2031
Trinity Hills’ Golden Years
A specialized senior housing community that feels like a mountain village, not a facility. Designed for the next generation of US retirees who want health, purpose and adventure, with care there when it is needed.
Longevity care on site
Preventive and regenerative medicine through SMR-Panama, next door at Molaya Bay, instead of a clinic an hour away.
US-style care coordination
Bilingual nurse navigators, telehealth with US physicians and help keeping records and insurance in order across two countries.
Age in place, never move away
Independent homes first, with assisted living and memory care planned inside the same community, so couples stay together.
Residency made simple
A concierge for the Pensionado visa, banking, driver’s license and trusted estate and tax advisors.
Active, not idle
Gentle warm-water sessions and walking at Panama Surf Lagoon, hiking in Altos de Campana, pickleball, gardening and a farm-to-table kitchen.
Homes that look after you
Single-level universal design, fall detection, emergency call, standby power and fiber internet in every home.
Family close by
Guest stays at the Tribute Portfolio hotel next door and surf camps that give grandchildren a reason to visit.
Purpose and community
Spanish classes, lifelong learning, and volunteer programs with schools and conservation in Capira.
Clear dollar pricing
Transparent monthly fees in US dollars, with contract options designed for US retirees.
Trinity Hills’ Golden Years is a vision in planning. Services, partners and timing will be defined in the coming years and may change.
Leadership
70+ years of experience, $1.5 billion delivered
Jorge Luis López Núñez
Chief Executive Officer
Civil engineer with more than 40 years delivering hospitality, tourism, healthcare and mixed-use projects across Latin America and the Caribbean. Former VP of Development at Cap Cana; founding CEO of LEXCO.
Abdiel Basto
Chief Operating Officer and Managing Principal
Thirty years leading projects across industries; developer of the Trinity Hills mountain community ($53M delivered). Former Director of Services Sales for Latin America at Dell and Canada’s Trade Commissioner in Panama.
Ricardo Matus
President
Twenty-four years of military service and over two decades in sales, marketing and project management across the Caribbean and Latin America, including hotels and resorts. Fully bilingual.
Contact
Lenders, partners and brokers
Tell us who you are and what you are looking for. Qualified parties receive access to the Molaya Bay data room after a mutual NDA.
Accredited individual investors: please visit Southern Winds Capital.
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