A joint venture between Partners Group, a private markets firm, and Trinity Investments, has acquired the Scottsdale Plaza Resort & Villas located in Paradise Valley, Ariz.

The Scottsdale Plaza Resort & Villas features 404 rooms spread across the central hotel and surrounding villa suites, as well as 50,000 square feet of meeting space. The transaction also includes the potential for expansion with entitlements secured by the seller. The Resort is located on nearly 40 acres of land and is directly adjacent to The Ritz-Carlton Hotel & Residences, Paradise Valley, and its surrounding developments.