Blackstone Inc. (NYSE:BX) stated that Blackstone Real Estate has agreed to sell Turtle Bay Resort for $725 million. Turtle Bay Resort has 450 rooms on 1,300 acres along the North Shore of O’ahu and boasts a variety of top-tier amenities. The sale is expected to close in the third quarter of 2024. Blackstone bought the hotel in 2018 for $332 million and invested significant capital in renovations. Rob Harper, Head of Blackstone Real Estate Asset Management ...