A major hospitality deal is unfolding on Southwest Florida’s coastline, as Barings LLC has agreed to sell the iconic JW Marriott Marco Island Beach Resort for a hefty $835 million.

The buyer? Sculptor Diversified Real Estate Income Trust, which is expanding its footprint in high-end leisure destinations.

🏝️ What’s included in the deal

This isn’t just a hotel sale—it’s a full luxury resort package:

• 809-room beachfront resort

• 10 acres of prime Gulf-front property

• Two nearby golf courses

The transaction is expected to close by May 1, 2026, pending final approvals.

🏨 Who’s running the show?

Importantly, Marriott International will continue to operate the resort—meaning guests likely won’t notice any change in day-to-day experience despite the ownership switch.

📊 Why it matters

Deals of this size highlight continued investor confidence in Florida’s luxury tourism market, especially in destinations like Marco Island where beachfront land is limited and demand remains strong.

In short: new owner, same luxury experience—just with a massive price tag attached.