IRVING, TX— BentleyForbes has made its first purchase in the hotel sector through the acquisition of the Four Seasons Resort and Club Dallas at Las Colinas here. USAA Real Estate sold the asset to BentleyForbes in a deal brokered by Eastdil Secured. According to a report by CB Richard Ellis, the price for the 397-room resort was about $230 million. BentleyForbes will now carry out a significant improvement program at the property during the next 18 months. The program will enhance guestrooms, meeting facilities, golf courses and amenities. Four Seasons Hotels and Resorts will continue to manage the resort. The resort is located on a 400-acre site and offers two 18-hole golf courses, a private sports club and spa and more than 34,000 sf of function space. The resort’s guestroom count includes 16 suites and 90 villa rooms.
