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Springfield, MO
Blackstone Group sold the Grande Lakes Orlando Resort in Florida for $900 million.
The buyer was a newly formed joint venture managed by Honolulu-based Trinity Real Estate Investments LLC and Elliott Management Corp.
The 409-acre luxury complex includes two hotels, a Ritz-Carlton and a JW Marriott.
Read more from Connect Commercial Real Estate.
Guest columnist Donnie Brawner says many entrepreneurs stray from their original business ventures, which is often a recipe for success.