Trinity Investments and Elliott Acquire JW Marriott Desert Ridge Resort & Spa

Trinity Real Estate Investments LLC | September 3, 2019

PHOENIX--September 3, 2019--A joint venture among funds managed by Trinity Real Estate Investments LLC (“Trinity”) and funds managed by Elliott Management Corporation (“Elliott”) today announced the acquisition of the JW Marriott Desert Ridge Resort & Spa (the “Resort”), the largest resort in Phoenix. This transaction follows Trinity and Elliott’s joint purchase of the Grande Lakes Orlando Resort in December 2018, advancing the partnership’s strategy of acquiring market-leading large hotel properties with value-add opportunity. Spanning 396 lush acres, the Resort features a 950-room hotel, 212,500 square feet of flexibl...