Trinity and Oaktree to acquire Hyatt Regency Indian Wells Resort & Spa.

Trinity, a private real estate investment firm, and Oaktree, an asset management firm, agreed to acquire Hyatt Regency Indian Wells Resort & Spa. Financial terms are not disclosed. “Hyatt Regency Indian Wells Resort & Spa is an exceptional property with significant embedded value that we plan to unlock with our transformational repositioning plan. We are excited to once again partner with Oaktree to own and improve one of California’s premier resort destinations, as well as further our relationship with Hyatt, one of the world’s leading hotel companies. We believe that this acquisition is reflective of our ability to source and close highly attractive hospitality investments," Sean Hehir, Trinity Managing Partner, President, and CEO.