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Hyatt-branded resort in Cedar Creek sold

​CEDAR CREEK – Redwood City, Calif.-based Ohana Real Estate Investors has purchased the 491-room Hyatt Regency Lost Pines Resort & Spa at 575 Hyatt Lost Pines Rd. 

The seller, an affiliate of Hyatt Hotel​s Corp., purchased the asset for $275 million.  

The 650-acre property ha​s more than 36,000 sf of indoor meeting space and 276,000 sf of outdoor amenity space that includes a golf course, water park, amphitheater, and equestrian facility. 

The asset adjoins the 1,100-acre McKinney Roughs Nature Park. 

Texas logoGet more Austin hotel news​​ on the Texas Real Estate Research Center’s website.

​Source: REBusiness Online​​

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