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HWE Arranges Sale of Largest Hotel in Greenwich, CT
Hodges Ward Elliott has arranged the sale of Hyatt Regency Greenwich, a 373-key, four-story hotel located in Old Greenwich, CT. The sale price was not disclosed.
The well-located Hyatt Regency Greenwich resides on a 14-acre site adjacent to I-95, and is situated between downtown Greenwich and downtown Stamford in Fairfield County. It’s the largest (per key count) and only branded full-service hotel in the Greenwich area.
The buyer, an investment fund managed by Honolulu based Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, is planning a renovation of the hotel’s guest rooms, lobby, and meeting space, in addition to enhancing the overall amenities. The property also includes 35,000 square feet of meeting space, an indoor swimming pool, fitness center and salon.
- ◦Sale/Acquisition