Ares Management, SMW Hospitality, and Trinity Investments Acquire the Ritz-Carlton, Kapalua in Maui

Ares Management, L.P. | November 21, 2016

HONOLULU, LOS ANGELES & NEW YORK -- A new joint venture among funds managed by the real estate group of Ares Management, L.P. (NYSE:ARES), SMW Hospitality LLC (a joint venture between affiliates of Square Mile Capital Management LLC and Wafra Investment Advisory Group) and Trinity Investments, LLC today announced the acquisition of The Ritz-Carlton, Kapalua in Maui, Hawaii. The resort was acquired from a partnership between Woodridge Capital Partners, LLC and Colony Capital Inc. The Ritz-Carlton, Kapalua is a AAA Five Diamond, oceanfront property located on 49 acres of Maui's lush northwest shore. The hotel is part of the 23,000-acr...