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California  + Inland Empire  + Hospitality  | 

Oaktree Capital Management and Trinity Real Estate Investments Purchase Hyatt Regency Indian Wells Resort & Spa

Funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, and Oaktree Capital Management, L.P. have joined forces to purchase the Hyatt Regency Indian Wells Resort & Spa near Palm Springs for an undisclosed amount. The 530-key hotel is now set to undergo a multi-million-dollar capital improvement plan as a result.

“Hyatt Regency Indian Wells Resort & Spa is an exceptional property with significant embedded value that we plan to unlock with our transformational repositioning plan,” Sean Hehir, managing partner, president, and CEO of Trinity, said. “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.”

The 33-year-old property was last renovated around two years ago.

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Hyatt Regency Indian Wells Resort & Spa

About Karen Jordan

  • ◦Sale/Acquisition
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