{"id":367910,"date":"2026-08-11T00:02:12","date_gmt":"2026-08-11T00:02:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/367910\/"},"modified":"2026-08-11T00:02:12","modified_gmt":"2026-08-11T00:02:12","slug":"trinity-investments-sells-grande-lakes-orlando-in-blockbuster-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/367910\/","title":{"rendered":"Trinity Investments sells Grande Lakes Orlando in blockbuster deal"},"content":{"rendered":"<p data-id=\"KeKshn\" data-pm-slice=\"0 0 []\">In what is being called the largest non-gaming U.S. resort transaction on record, Trinity Investments has entered into a definitive agreement to sell the Grande Lakes Orlando Resort, a 409-acre luxury complex anchored by a 582-key Ritz-Carlton and a 1,010-key JW Marriott, for $1.38 billion to Ryman Hospitality Properties.<\/p>\n<p data-id=\"MJUlxb\">Trinity acquired the resort in December 2018 for $870 million, with financial backing from Elliott Investment Management. <a href=\"https:\/\/hotelsmag.com\/news\/trinity-investments-prides-itself-on-being-a-clear-minded-hotel-investor-its-focus-is-paying-off\/\" target=\"_blank\" rel=\"noopener nofollow\">Miami-based Trinity Investments<\/a> is a private real estate investment firm that solely invests in upper-upscale and luxury hotels, typically in resort or urban markets.In May, a JV between it and Sculptor Real Estate Income Strategy announced the acquisition of the JW Marriott Marco Island Beach Resort from MassMutual. Also that month, it officially converted the Diplomat Beach Resort to the Signia by Hilton Diplomat Beach Resort. Trinity acquired the hotel in 2023 from Brookfield.<\/p>\n<p data-id=\"MJUlxb\">Ryman is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts. Most of its hotels fall under the Gaylord Hotels brand, a brand Marriott International acquired in 2012. All of Ryman\u2019s properties are managed by Marriott.<\/p>\n<p data-id=\"nS8uvv\">\u201cThis transaction is a testament to Trinity\u2019s ability to identify complex, large-scale opportunities and execute on a value-add plan that meaningfully repositions the asset,\u201d said Sean Hehir, managing partner, president and CEO of Trinity. \u201cGrande Lakes Orlando joins a growing list of resorts where our team has driven significant operational improvement and created lasting value for our investors and partners. We\u2019re immensely proud of what our team has accomplished and excited to see the resort\u2019s next chapter.\u201d<\/p>\n<p data-id=\"0pJWvC\">The asset features 320,000 square feet of indoor and outdoor meeting space, 14 food and beverage outlets, a 40,000-square-foot spa with 40 treatment rooms and a Greg Norman-designed 18-hole championship golf course that hosts the PGA Tour\u2019s PNC Championship. Since acquisition, Trinity has completed a renovation and repositioning of the resort. In 2024, The Ritz-Carlton Orlando, Grande Lakes was awarded a MICHELIN Key as part of the MICHELIN Guide\u2019s inaugural hotel rating program.<\/p>\n<p data-id=\"SJCR5f\">Upon closing, the transaction will mark Trinity\u2019s third disposition in 15 months, following the September 2025 sale of EAST Miami to Blackstone Real Estate and the June 2025 sale of the JW Marriott Phoenix Desert Ridge Resort &amp; Spa to Ryman Hospitality Properties. It also follows Trinity\u2019s May 2026 acquisition of the JW Marriott Marco Island Beach Resort.<\/p>\n<p data-id=\"5p8pBh\">The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. Additional terms were not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"In what is being called the largest non-gaming U.S. resort transaction on record, Trinity Investments has entered into&hellip;\n","protected":false},"author":2,"featured_media":367911,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[139,141,140],"class_list":["post-367910","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-orlando","tag-orlando-headlines","tag-orlando-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/367910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=367910"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/367910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/367911"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=367910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=367910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=367910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}