Arizona Biltmore sold for $705M — the Valley’s largest hospitality deal this year

The Arizona Biltmore, one of the longest-running and most notable resorts in the Valley, is under new ownership and new management.A joint partnership between London-based private equity firm Henderson Park and Boston-based Pyramid Global Hospitality has acquired the 28-acre property for $705 million from investment management company Blackstone Inc., according to real estate database Vizzda….

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