Partners Group will purchase a minority stake in Trinity Investments, a hospitality-focused serious estate investor, to assist its long run advancement. Partners Group will in the beginning goal a $500-million financial commitment with Los Angeles-based Trinity and will also have the option to commit more money to Trinity’s North American, Europe and unique circumstances financial investment platforms.
“We are grateful to have held a longstanding partnership with Partners Group, and that the business has fully commited to investing together with Trinity so that we can continue on to construct a preeminent worldwide hospitality software together,” explained Sean Hehir, running husband or wife, president and CEO of Trinity, which has workplaces in Los Angeles, Honolulu and London. “We see an abundance of options to deploy our innovative platform for lodge real estate, re-positioning, operation and asset administration into new resort property and credit rating investments both equally in North The usa and overseas.”
Trinity and Partners Group acquired The Scottsdale Plaza Resort & Villas earlier this month, extending the partnership amongst the two companies, which commenced with their initially joint enterprise in 2022 with The Las Colinas Vacation resort in Dallas, which a short while ago converted to The Ritz-Carlton Dallas, Las Colinas.
Jeff Altman, senior running director in JLL’s M&A and Corporate Advisory group, and Jones Lang LaSalle Securities, LLC served as monetary advisor to Trinity Investments in relationship with the Partners Group transaction.
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The article Companions Group Commits $500M to Trinity Investments appeared initially on Join CRE.