Hotel Portfolio Transaction
Blackstone Acquires Australia's Crown Resorts
The transaction comprises three premium resort and casino properties in Melbourne, Perth and Sydney.
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Blackstone News
Great Wolf Resorts Sold
Blackstone to Acquire 65% Controlling Interest in Great Wolf Resorts and Form New $2.9 Billion Joint Venture With Centerbridge Partners
Blackstone Real Estate Partners IX and affiliates of Centerbridge Partners, L.P. announced today that Blackstone is acquiring a 65% controlling interest in Great Wolf Resorts, Inc.. As part of the transaction, Blackstone and Centerbridge will form a new $2.9 billion joint venture to own the Company.
Hotel Transaction Hawaii
Blackstone Agrees to $1.1 Billion Deal for Maui Resort - Bloomberg
The private equity firm plans to buy Grand Wailea from GIC Pte, Singapore’s sovereign wealth fund, said the person, who asked not to be identified because the purchase hasn’t been made public. Representatives for Blackstone and GIC declined to comment.
Hotel Development Brazil
Windsor Atlantica Hotel in Rio De Janeiro Sold to Blackstone
Hotel to be converted to Hilton Rio de Janeiro Copacabana