Trinity Investments and Elliott acquire largest resort in Phoenix
Transactions - SEPTEMBER 5, 2019

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Trinity Investments and Elliott acquire largest resort in Phoenix

by Andrea Zander

A joint venture among funds managed by Trinity Real Estate Investments and funds managed by Elliott Management Corp. has acquired the JW Marriott Desert Ridge Resort & Spa, the largest resort in Phoenix.

Blackstone reportedly sold the asset for $602 million, according to Pacific Business News.

Spanning 396 lush acres, the resort features a 950-room hotel, 212,500 square feet of flexible meeting space, seven food and beverage options, and numerous amenities, including five pools, a lazy river, a world-class spa, and two championship golf courses designed by Arnold Palmer and Nick Faldo. The luxury complex, which also boasts the largest ballroom in the state, is considered one of Arizona’s premier resorts and was ranked by U.S. News & World Report as one of the best hotels in Phoenix for 2018.

“We are pleased to continue our strategic partnership with Elliott through the acquisition of another world-class resort destination,” said

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