Articles from Trinity Investments

Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, announced today the sale of the JW Marriott Phoenix Desert Ridge Resort & Spa, a 950-room hotel and the largest resort in Phoenix, for $865 million to Ryman Hospitality Properties, Inc. (NYSE: RHP).

Trinity Investments (“Trinity”), a private real estate investment firm specializing in hotels and resorts, announced today the launch of Trinity Asset Management Services and Trinity Development Services, two distinct offerings that will provide third-party hotel owners and lenders with direct access to Trinity’s operational expertise and development capabilities.

Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, announced today the promotion of Rob Tanenbaum to Managing Director of Strategic Operations, effective immediately. Rob will continue to report to Greg Dickhens, a Managing Partner of Trinity Investments.

Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, announced today the promotion of Craig Lovett to Managing Director of Development. Craig joined Trinity in 2017 as Vice President of Development and was promoted to Senior Vice President of Development in 2022.

Trinity Investments (“Trinity”), a private real estate investment firm, has acquired Fairmont Olympic Hotel, Seattle (the “Fairmont Olympic Seattle”), a historic 450-room luxury hotel situated in the heart of Downtown Seattle.

A partnership between Trinity Investments (“Trinity”), funds managed by Oaktree Capital Management, L.P. (“Oaktree”), and Partners Group, acting on behalf of its clients, has acquired The Standard, London, a luxury lifestyle hotel situated in the heart of London.

Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, is further strengthening its investments team in Los Angeles with the addition of Luke Toland, Managing Director and head of Trinity’s newly formed debt platform, and Stephany Chen, Senior Vice President of Acquisitions.

Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, announced today it has expanded its leadership with the addition of Rob Tanenbaum, Senior Vice President of Strategic Operations, based in Miami, Florida.

Partners Group, a leading global private markets firm, has agreed to acquire a strategic minority stake in Trinity Investments, a U.S. based hospitality-focused real estate investor, to support its future growth. Partners Group will initially target a U.S. $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity’s North American, European, and special situations investment platforms.

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.

A joint partnership among Trinity Investments (“Trinity”), funds managed by Oaktree Capital Management (“Oaktree”), and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business (“UBS AM REPM MM”) has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements. The joint partnership purchased the hotel from an affiliate of Hyatt Hotels Corporation, and the hotel will remain branded as Park Hyatt Zurich under a long-term management agreement with Hyatt.

Trinity Investments, a leading investor in U.S. hospitality, announced today that a Trinity-led joint venture received the 2023 Transaction of the Year Award for deals over $25 million at the 2024 Americas Lodging Investment Summit (ALIS), one of the region’s largest hotel conferences, for its acquisition of The Diplomat Beach Resort (“The Diplomat”) in Hollywood, FL. The $835 million acquisition of the 1,000-room hotel was the third largest single-asset hotel sale ever in the United States and highlights Trinity’s proven investment approach and growing presence in the hospitality sector. The transaction closed in February 2023.

A joint venture led by Trinity Investments (“Trinity”) announced today the sale of two development parcels across from the 1,000-key The Diplomat Beach Resort (the “Diplomat”) in Hollywood, Florida. The parcels are within the Diplomat Landings site, located on 8 acres along the intracoastal waterway on the west side of Ocean Drive. The parcels were included in Trinity’s February 2023 acquisition of the Diplomat, the largest hospitality acquisition in 2023.

Trinity Investments, a U.S. based hospitality-focused real estate investor, announced today it has established a London office as part of its global expansion. The move reflects Trinity’s long-term belief in the strength of the lodging sector and the growing opportunity in the European hotel real estate market.

A joint venture led by Trinity Investments (“Trinity”) announced today that it has arranged a $750 million refinancing of the existing $650 million loan for the Grande Lakes Orlando Resort (“Grande Lakes”). The refinancing follows the completion of Trinity’s $118 million renovation and repositioning plan for the resort. The property was refinanced with a floating rate CMBS loan.