fortress investment group
Southwest Value Partners Acquires JW Marriott Tucson Starr Pass Resort & Spa for $110M
Southwest Value Partners | April 25, 2023
SAN DIEGO & TUCSON, Ariz.--Southwest Value Partners has acquired the JW Marriott Tucson Starr Pass Resort & Spa for $110 million from Fortress Investment Group. The 575-key property, located at 3800 W. Starr Pass Blvd. in Tucson, is regarded as one of the top resorts in Arizona and is recognized with AAA’s 4-Diamond designation. With offices in San Diego, Nashville, and Phoenix, Southwest Value Partners is owned and operated by Managing Partners Mark Schlossberg and Cary Mack. The firm’s diverse investment portfolio includes substantial hospitality holdings both nationally and in Arizona. In addition to Starr Pass, the fir...
Hilton Signs Tempo by Hilton Times Square at TSX Broadway
Hilton | September 12, 2022
NEW YORK and MCLEAN, Va. – Today, Hilton (NYSE: HLT) announced the signing of Tempo by Hilton Times Square, expected to open in 2023 as the global premiere of Hilton’s newest brand. Owned by L&L Holding Company and Fortress Investment Group, and managed by Hilton, the 661-room lifestyle hotel is located at TSX Broadway, the city’s new 46-story entertainment and hospitality destination that will also be home to TSX Entertainment, a next generation entertainment company that will empower the world’s most innovative artists and fans to stage the moments that define pop culture. Pioneering a new hospitality category, Tempo ...
Aimbridge Hospitality Selected to Manage Frenchman’s Reef Marriott Resort & Spa and Noni Beach, Autograph Collection
Aimbridge Hospitality | May 17, 2021
The global management company will continue to manage these St. Thomas properties recently acquired by Fortress Investment Group. [Plano, Texas] (May 17, 2021) – Aimbridge Hospitality, the leading, global, third-party hotel management company has been selected by Fortress Investment Group to manage the Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection located in St. Thomas and set to reopen in the fall of 2022 after a $250 million rebuild. Fortress Investment Group, a New York City-based firm founded in 1998, recently purchased the property and will spearhead the rebuild and reopening efforts over the comin...
