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Tag Archives: Strategic Hotels & Resorts

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Blackstone Buys Strategic Hotels for $6 Billion

Blackstone Buys Strategic Hotels for $6 Billion

CHICAGO—Strategic Hotels & Resorts, Inc. has announced that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Partners VIII L.P., under which Blackstone will acquire all outstanding shares of common stock of Strategic Hotels & Resorts, ...

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Strategic Reportedly Seeking Company Buyer

Strategic Hotels & Resorts has reportedly hired a bank to help explore a possible sale of the company, according to a Bloomberg article. Two people familiar with the matter said eBay Founder Pierre Omidyar is among the potential suitors of ...

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Strategic to Acquire Four Seasons Resort Scottsdale

Strategic to Acquire Four Seasons Resort Scottsdale

CHICAGO—Strategic Hotels & Resorts Inc. has signed an agreement to acquire the Four Seasons Resort Scottsdale at Troon North from an affiliate of Walton Street Capital LLC for $140 million, which includes 13.8-acres of developable land zoned for an additional ...

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