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Blackstone Real Estate Closes Sale of Arizona Biltmore

05.21.24

Simpson Thacher represented Blackstone Real Estate in connection with its sale of the iconic Arizona Biltmore for $705 million to Henderson Park, an international private equity real estate firm.

The luxury, full-service resort, originally opened in 1929, is set on 39 acres of land with an amenity offering including over 200,000 square feet of meeting space, seven swimming pools and a 28,000 square feet spa.

Simpson Thacher represented Blackstone Real Estate in connection with its acquisition of the resort in 2018.

The Simpson Thacher team includes Danielle Jackson, Erik Quarfordt, Cristiana Modesti, Shane Herskowitz and Isabelle McAlevey (Real Estate); Andrew Blau and Kristy Fields (ECEB); Nancy Mehlman and Preston Irace (Tax); Bobbie Burrows (Intellectual Property); and Jeanne Annarumma (ERISA).