Blackstone purchased the 845-room hotel for $1.1 billion in 2018. Blackstone is reportedly considering a sale of the Grand Wailea Resort on Maui, according to a report published Tuesday by Bloomberg.
One of Hawaii’s luxury hotels may soon have a new owner. Blackstone is looking to potentially offload the five-star Grand Wailea resort in Maui, Bloomberg reported on Monday. The alternative ...
Blackstone purchased the Grand Wailea earlier this year. • The Ritz-Carlton, Kapalua, photo A joint venture that owns The Ritz-Carlton, Kapalua, announced Wednesday the sale of the 297-room ...
The Grand Wailea resort’s Hibiscus Pool provides ... The sale from GWR Wailea Property LLC to BRE, a Blackstone Group company, will be finalized April 17. Earlier reports put the sale amount ...
Barry Sholem, a partner at MSD Partners and co-head of MSD's real estate group, says the acquisition of the resort from an affiliate of private equity powerhouse Blackstone ‘represents a natural ...