M&A
confidence high
sentiment neutral
materiality 0.75
Sculptor Diversified REIT agrees to buy JW Marriott Marco Island resort and golf courses for $835M
Sculptor Diversified Real Estate Income Trust, Inc.
- Acquisition of 809-key JW Marriott Marco Island Beach Resort and two 18-hole golf courses for $835M cash.
- Property includes >10 acres private beachfront; renovation planned with majority of capital deployed by year two.
- Closing expected on or before May 1, 2026; funded by offering proceeds and third-party financing.
- Issued 1,941,871 shares for $22.7M gross proceeds in March 2026, including shares for management fees.
- February 2026 distribution declared at $0.0668/share across all classes, payable March 12, 2026.