Sculptor Diversified Real Estate Income Trust Purchases JW Marriott Marco Island Beach Resort For $835M

The asset involved in this transaction is the JW Marriott Marco Island Beach Resort, located at 400 South Collier Boulevard in Marco Island. The property includes the resort and its associated Hammock Bay and Rookery golf courses. The sale is valued at $835,000,000, and closing is scheduled on or before May 1, 2026.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $835,000,000
• Buyer: Sculptor Diversified Real Estate Income Trust
• Seller: Mike Freno - Barings
• Closing Date: On or before May 1, 2026

The transaction involves Sculptor Diversified Real Estate Income Trust acquiring the property from Mike Freno of Barings. Plans for the property following the sale include major renovations to guest rooms, the spa, pool, and golf amenities, enhancing the offerings of one of the beachfront JW Marriott luxury resorts operated by Marriott International.