Credit Suisse Group and Trinity Investments Have Jointly Acquired the Diplomat Beach Resort, With Hilton Operating It on Their Behalf

2月 08, 2023

On February 3, Trinity Real Estate Investments LLC (Trinity) announced that it has acquired The Diplomat Beach Resort in Hollywood, Florida, from private real estate fund company Brookfield.
Trinity Real Estate Investments LLC is a joint venture between a Non-US listed real estate fund managed by Credit Suisse Asset Management and a real estate fund managed by Trinity Fund Advisors LLC, a private real estate investment company.

This transaction is one of the largest hotel acquisitions in the United States since August 2021 and the eighth investment by Trinity Fund Advisors LLC since …