The largest resort at Lake of the Ozarks, Tan-Tar-A, has been sold and will be rebranded as Margaritaville.

Margaritaville is a fast-rising "escapism" brand in the U.S., inspired by the lyrics and lifestyle of singer, songwriter and author, Jimmy Buffett, whose songs evoke a passion for tropical escape and relaxation.

Renovations are expected to commence immediately and will touch all facets of the property, incorporating Margaritaville’s signature ‘casual-luxe’ design elements. The resort will remain open during the phased conversion, with Margaritaville and DAD providing support to the resort team.

Tan-Tar-A was acquired by DAD – a privately held investment firm specializing in the acquisition and development of hotel assets – with JV partner Sefira Capital, a Miami-based investment boutique platform that focuses on acquiring and developing commercial real estate.

A portion of the equity of Tan-Tar-A will now be syndicated via DAD’s investment platform. DAD will assist Margaritaville with the rebranding efforts.

“It’s a dream come true for us to partner with Margaritaville, as we help to rebrand Tan-Tar-A,” said Carlos Rodriguez, chief executive officer of DAD. “The Tan-Tar-A acquisition has helped us reach our 2017 growth goal already, just halfway through the year... We’re excited to get underway, working together with the Margaritaville team to help travelers create unforgettable memories in the Midwest..”

Tan-Tar-A Resort is a 500-room lakefront property at Lake of the Ozarks, with 27-holes of golf across two courses, a 103-slip marina, eight food and beverage venues, a full-service spa and salon, a fitness center, horseback and pony riding, and numerous sports facilities including tennis, basketball and beach volleyball courts. Indoor and outdoor pools are located throughout the property, as well as a 20,000 square-foot indoor waterpark. A premier destination for corporate meetings, incentive retreats and social functions, the resort is home to more than 91,000 square feet of event space. For those looking to say “I Do,” an on-site wedding chapel is also available.

Margaritaville features nine destination resorts/hotels across the Southeast United States and Caribbean and twenty additional locations in active development, four gaming locations and more than 60 food and beverage locations including signature concepts such as Margaritaville Restaurant, award-winning JWB Prime Steak and Seafood, 5 o’Clock Somewhere Bar & Grill and LandShark Bar & Grill. More than 15 million travelers every year change their latitude and attitude with a visit to a Margaritaville resort, residential real estate destination, vacation club, vacation home rental and restaurant.

For more information on Margaritaville, visit www.margaritaville.com. Follow Margaritaville on Facebook at www.facebook.com/margaritaville, and on Twitter and Instagram at @Margaritaville.