Trinity Investments has entered into a definitive agreement to sell the Grande Lakes Orlando Resort, a 409-acre luxury complex anchored by a 582-key Ritz-Carlton and a 1,010-key JW Marriott, for $1.38 billion to Ryman Hospitality Properties. Trinity acquired the resort in December 2018 for $870 million, with financial backing from Elliott Investment Management. The sale represents the largest non-gaming U.S. resort transaction on record and underscores Trinity’s expertise in large-scale resort repositioning and strategic asset management.
“This transaction is a testament to Trinity’s ability to identify complex, large-scale opportunities and execute on a value-add plan that meaningfully repositions the asset,” said Sean Hehir, managing partner, president and CEO of Trinity. “Grande Lakes Orlando joins a growing list of resorts where our team has driven significant operational improvement and created lasting value for our investors and partners. We’re immensely pro
