Partners Group will acquire a minority stake in Trinity Investments, a hospitality-focused real estate investor, to support its future growth. Partners Group will initially target a $500-million investment with Los Angeles-based Trinity and will also have the opportunity to commit further capital to Trinity’s North American, Europe and special situations investment platforms.
“We are grateful to have held a longstanding relationship with Partners Group, and that the firm has committed to investing alongside Trinity so that we can continue to build a preeminent global hospitality program together,” said Sean Hehir, managing partner, president and CEO of Trinity, which has offices in Los Angeles, Honolulu and London. “We see an abundance of opportunities to deploy our sophisticated platform for hotel real estate, re-positioning, operation and asset management into new hotel assets and credit investments both in North America and abroad.”
Trinity and Partners Group acquired The Scottsdale Plaza Resort & Villas earlier this month, extending the partnership between the two firms, which began with their first joint venture in 2022 with The Las Colinas Resort in Dallas, which recently converted to The Ritz-Carlton Dallas, Las Colinas.
Jeff Altman, senior managing director in JLL’s M&A and Corporate Advisory group, and Jones Lang LaSalle Securities, LLC served as financial advisor to Trinity Investments in connection with the Partners Group transaction.
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