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Gaston Sosa and Derrick Grahn signing their agreement in Mexico City

Business Insider

The Coveted Group Receives $8.5 Million Investment for East Cape Los Cabos Project

The Coveted Group, led by Founder and CEO Derrick Grahn, secured an $8.5 million investment from Aktiva Capital to advance Nine Palms Ranch, its newest development on the East Cape of Los Cabos.

The investment supports The Coveted Group's fractional ownership model, offering buyers deeded weeks of a luxury property in perpetuity rather than the cost and burden of owning an entire home outright.

"This investment further validates our fractional business model and the appeal of Cabo's East Cape."
Derrick Grahn portrait at a construction site

Yahoo! Finance

Los Cabos Mexico's Coveted Group Expands to Northern Arizona and Wisconsin

The Coveted Group unveiled two new projects under Derrick Grahn's leadership: Smith Butte Ranch, a 200-acre off-grid sanctuary near Flagstaff, Arizona, and Meilahn Farms, a 120-acre family property in rural Wisconsin.

Meilahn Farms holds particular significance for Derrick: it's the land where his mother was born and raised, and where his grandfather, Nelson Meilahn, founded The Oaks Farm Dairy, the area's first vertically integrated dairy.

"Derrick is a force of nature."
Derrick Grahn portrait for USA Today

USA Today

Top 5 Entrepreneurs in 2023

Derrick Grahn, founder of The Coveted Group, was recognized among the Top 5 Entrepreneurs of 2023 for his impact on the real estate landscape.

Derrick began his career in Chicago as a designer before owning restaurants and nightclubs, later moving to Mexico where he co-founded the luxury lifestyle magazine Cabo Social.