JV Purchases World’s Largest Timeshare Resort
Hilton Grand Vacations and Blackstone Real Estate Partners VIII acquired The Elara, which features 1,201 keys, four penthouse floors, 2,300 square feet of retail and 17,000 square feet of ballroom space.
Siegel Suites Grows Phoenix Footprint
The company has purchased a property which was previously targeted by ADOT’s Loop 202 expansion plans. The firm will rebrand the asset and will undertake an extensive renovation program.