Boutique real estate capital markets advisor Hodges Ward Elliott (HWE) arranged the sale of Hyatt Regency Greenwich, a 373-key, four-story hotel located in Old Greenwich, Connecticut.
The hotel resides on a 14-acre site adjacent to Interstate 95, and is situated between downtown Greenwich and downtown Stamford in Fairfield County. The buyer, an investment fund managed by Honolulu based Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, contemplates a renovation of the hotel’s guest rooms, lobby and meeting space, in addition to enhancing the overall amenities. The hospitality asset also includes 35,000 square feet of meeting space, an indoor swimming pool, fitness center and salon.
Greenwich is recognized as one of the most affluent communities in the United States and is less than an hour from New York City, making it a top regional commuter market. Hyatt Regency Greenwich is the largest (per key count) and only branded full-service hotel in the Greenwich area.
