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Phoenix Suns Owner’s Real Estate Firm Buys Resorts in Scottsdale

Rockpoint Group Sells Hotels for 30% More Than It Paid Just Two Years Ago
The DoubleTree Resort by Hilton Paradise Valley is one of a pair of resorts bought by Southwest Value Partners. (Hilton Hotels and Resorts)
The DoubleTree Resort by Hilton Paradise Valley is one of a pair of resorts bought by Southwest Value Partners. (Hilton Hotels and Resorts)
CoStar News
February 11, 2020 | 4:06 AM

A real estate investment company co-founded by Robert Sarver, owner of the NBA’s Phoenix Suns, paid $162 million for two Hilton hotel resorts in Scottsdale, Arizona, totaling 613 rooms.

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