Among
the noteworthy deals of the past week was the sale of the JW Marriott Marco
Island Beach Resort in Florida.
MARCO ISLAND, Florida – MassMutual’s Barings LLC is selling The JW Marriott Marco Island Beach Resort for a reported $835 million to Sculptor Diversified Real Estate Income Trust and Trinity Investments.
The transaction, expected to close by May 1, includes the 809-key beachfront resort, more than 10 acres of beachfront land and the Hammock Bay and Rookery golf courses.
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To download our list of deals from the past week in Excel format, click here.
Deals of the Week is a weekly feature by Hotel Investment Today that publishes in our Friday newsletter. Click here for previous deal compilations from earlier weeks.