{"id":1004387459,"date":"2020-02-03T08:02:24","date_gmt":"2020-02-03T16:02:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004387459"},"modified":"2020-02-03T08:02:24","modified_gmt":"2020-02-03T16:02:24","slug":"southwest-value-partners-buys-2-phoenix-area-hilton-resorts","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/southwest-value-partners-buys-2-phoenix-area-hilton-resorts\/","title":{"rendered":"Southwest Value Partners Buys 2 Phoenix-Area Hilton Resorts"},"content":{"rendered":"<div id=\"attachment_1004387468\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004387468\" data-attachment-id=\"1004387468\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/southwest-value-partners-buys-2-phoenix-area-hilton-resorts\/hilton-scottsdale-resort-villas\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg\" data-orig-size=\"1293,971\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Sergiu Inizian&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1580743305&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Hilton Scottsdale Resort &#038; Villas\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hilton Scottsdale Resort &#038; Villas entrance. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg?w=1024\" class=\"wp-image-1004387468 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg 1293w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg?resize=768,577 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/02\/Hilton-Scottsdale-Resort-Villas-e1580736205774.jpg?resize=1024,769 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004387468\" class=\"wp-caption-text\">Hilton Scottsdale Resort &amp; Villas. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>Southwest Value Partners has purchased two hotels in Scottsdale, Ariz., the 235-key Hilton Scottsdale Resort &amp; Villas and the 378-key DoubleTree Resort by Hilton Paradise Valley. The transaction also includes an 11,000-square-foot office building located adjacent to the Paradise Valley property. The two resorts are within 1.5 miles from each other.<\/p>\n<p>Located at 6333 N. Scottsdale Road, Hilton Scottsdale Resort &amp; Villas is situated on more than 25 acres and includes 45 villas, 190 guestrooms and suites, and three restaurants. Common-area amenities include indoor and outdoor meeting areas, outdoor pool, fitness facility and a spa.&nbsp;The property is located at the southeast corner of Scottsdale and Lincoln roads and is within walking distance of Lincoln Village Shopping Center.<\/p>\n<p>DoubleTree Resort by Hilton Paradise Valley is located on 23 acres, at 5401 N. Scottsdale Road. Common-area amenities include more than 40,000 square feet of indoor and outdoor meeting space, two outdoor pools and a fitness center.&nbsp;<\/p>\n<p>Dimension Development will manage both properties. Southwest Value Partners plans to improve the rooms, meeting areas and grounds at both hotels.<\/p>\n<p>Last year, the firm also landed&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/amazons-nashville-ops-center-scores-176m-construction-loan\/\">a $175.5 million construction loan<\/a> for the development of Amazon\u2019s operations center in Nashville, Tenn. The project is scheduled for completion in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new owner plans substantial upgrades at the two Scottsdale properties.<\/p>\n","protected":false},"author":868,"featured_media":1004387468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21742,1601,15],"tags":[36351,34315,36240],"class_list":["post-1004387459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-latest","category-phoenix","category-west","tag-capital-improvement","tag-dimension-development-company","tag-southwest-value-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Southwest Value Partners Buys 2 Phoenix-Area Hilton Resorts - 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