Sixth Street, a leading global investment firm, has announced it has acquired the Park Hyatt Beaver Creek Resort & Spa, the 193-key, luxury mountain resort in one of the nation’s premier ski destinations, for US$176 million from Braemar Hotels & Resorts (NYSE: BHR). Sixth Street completed this transaction in partnership with Riller Capital.
Latham & Watkins LLP advised Sixth Street in the transaction with a corporate team led by Chicago partner Gary Axelrod, with associates Dominique Gonzales and Lura Bonney. Advice was also provided on finance matters by Chicago counsel Dustin Paige.
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