Trinity and Oaktree Acquire Hyatt Regency Indian Wells Resort & Spa
April 4, 2022
Funds managed by Trinity Real Estate Investments (Trinity) and Oaktree Capital Management acquired the 530-key Hyatt Regency Indian Wells Resort & Spa in Indian Wells, California. The joint venture plans a multi-million-dollar capital improvement program to reposition the resort while Hyatt continues to manage the property under a long-term management agreement.
- Buyers
- Trinity Real Estate Investments (funds managed by Trinity Fund Advisors LLC), Oaktree Capital Management, L.P.
- Targets
- Hyatt Regency Indian Wells Resort & Spa
- Industry
- Restaurants & Hospitality
- Location
- California, United States
- Transaction Type
- Buyout
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