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Sculptor Diversified Buying Florida Resort for $835M

Sculptor Diversified Real Estate Income Trust is under contract to purchase the JW Marriott Marco Island Beach Resort and two nearby 18-hole golf courses in Southwest Florida for a combined $835 milli

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Summary

Sculptor Diversified Real Estate Income Trust is under contract to purchase the JW Marriott Marco Island Beach Resort and two nearby 18-hole golf courses in Southwest Florida for a combined $835 million, which could become one of the state’s largest hospitality trades in recent years.

The oceanfront, 809-room resort includes three towers, which were built […]

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