Credit Suisse Asset Management And Trinity Investments Acquire Iconic South Florida Oceanfront Convention And Resort Hotel The Diplomat Beach Resort
Acquiring Company
Trinity Investments
Acquired Company
Oceanfront Convention Hotel
Honolulu
ZurichReal EstateReal Estate InvestmentCommercial Real EstateFinancial ServicesFinanceLendingBankingDescription
A joint venture between non-US offered real estate funds managed by Credit Suisse Asset Management and real estate funds managed by Trinity Fund Advisors LLC, an affiliate of full-service private real estate investment firm Trinity Real Estate Investments LLC (“Trinity”), today announced the acquisition of The Diplomat Beach Resort in Hollywood, Florida from a Brookfield private real estate fund. The deal is one of the largest hotel acquisitions in the United States since August 2021. The new owners also announced the signing of a management agreement with Hilton to oversee the resort’s operations under the Curio Collection by Hilton flag.
Quick answer
Trinity Investments and Credit Suisse are acquiring Oceanfront Convention Hotel, announced February 3, 2023. Trinity Investments is based in Honolulu, Hawaii, United States.
- How much did Trinity Investments pay for Oceanfront Convention Hotel?
- The deal value was not disclosed.
- What does Trinity Investments do?
- Trinity Investments is a private real estate investment firm with a 28-year history of specializing in value-add opportunities.
- Where are Trinity Investments and Oceanfront Convention Hotel based?
- Trinity Investments is based in Honolulu, Hawaii, United States.
- Who are the decision-makers at Trinity Investments?
- Fundz holds 1 contact at Trinity Investments. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Trinity Investments, and when
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Frequently asked
Who acquired Oceanfront Convention Hotel?
Oceanfront Convention Hotel was acquired by Trinity Investments, based in Honolulu. The deal was reported on February 3, 2023. Trinity Investments is a private real estate investment firm with a 28-year history of specializing in value-add opportunities. Trinity Investments is privately held and operates in Real Estate.
When did Trinity Investments acquire Oceanfront Convention Hotel?
Trinity Investments's acquisition of Oceanfront Convention Hotel was reported on February 3, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Oceanfront Convention Hotel do?
Oceanfront Convention Hotel is the company acquired in this transaction. It is privately held.
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