Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
Completed
United States
Domestic
Hotels and Motels
Single Bidder
Private Equity
Private
Friendly
resorts
Real Estate
Synopsis
Ohana Real Estate Investors, a vertically integrated investment firm focused exclusively on full-service hotels, completed the acquisition of Hyatt Regency Lost Pines Resort & Spa, a 491-key resort located near Austin, TX, from an affiliate of Hyatt Hotels. Financial terms were not disclosed. “This acquisition reflects our strong conviction in well-located resort properties and the desirable Austin market, where Ohana intends to open an office this year. We very much appreciate Hyatt’s confidence in Ohana to be the next owner of this amazing property, and we look forward to a successful relationship with Hyatt for years to come,” Franco Famularo, Ohana Chief Investment Officer.
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