The JW Marriott Marco Island Beach Resort in Florida is being sold as part of a transaction valued at $835 million, according to a filing with the U.S. Securities and Exchange Commission.
Marco Hotel LLC and HB Naples Golf Owner LLC have entered an agreement to sell the 809-key Marriott International-branded resort to Sculptor Diversified Real Estate Income Trust, according to the Feb. 28 filing. The deal also includes the 18-hole Hammock Bay and Rookery golf courses in Naples, Florida.
Roughly 50 miles south of Fort Myers, Florida, the JW Marriott Marco Island Beach Resort comprises three hotel towers: the Palms Tower and the Islands Tower, both renovated in 2016, as well as the Lanai Tower, which was built in 2019, the filing details. The luxury oceanfront property also offers amenities, including a spa, multiple pools and restaurants.
Following the acquisition, expected to close on or before May 1, Sculptor Diversified Real Estate Income Trust plans to renovate the property’s guest rooms and upgrade the amenities, per the filing. The buyer will fund the acquisition in part through third-party financing.
The transaction comes as global hotel investment volumes are expected to see a “continued robust increase” in 2026, largely due to stronger debt markets, JLL reported earlier this year. Hotel investors will focus on luxury opportunities this year as high-net-worth wealth expands, Kevin Davis, Americas CEO for JLL’s Hotels & Hospitality Group, previously told Hotel Dive.
Other luxury hotel transactions that have occurred so far this year include Host Hotels & Resorts’ sale of the Four Seasons Resort Orlando at Walt Disney World Resort in Florida and the Four Seasons Resort and Residences Jackson Hole in Wyoming for a combined $1.1 billion. Additionally, Gencom acquired The Ritz-Carlton New York, Central Park hotel in Midtown Manhattan last month.
Sculptor Diversified Real Estate Income Trust could not be reached for comment.