LeaseHawk is based in Phoenix.

A joint venture between Trinity Real Estate Investments and funds managed by Elliott Management Corp. has acquired the JW Marriott Desert Ridge Resort and Spa in Phoenix. The partnership is strategically acquiring value-add hotel properties.

JW Marriott Desert Ridge Resort and Spa is a 950-unit with 212,500 square feet of flexible meeting space, seven food and beverage options. The JV plans to implement a multi-million improvement plan to unlock value at the property.

Trinity and Elliott have an ongoing partnership to acquire hotel assets. In December 2018, the duo acquired Grande Lakes Orlando Resort.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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West