Have you ever wondered who owns the luxurious Arizona Grand Resort? Well, we have done some research and are here to provide you with all the details!
The History of Arizona Grand Resort
Arizona Grand Resort is a top-rated luxury resort located in Phoenix, Arizona. The resort was originally built in the 1980s as a family water park called “The Pointe at South Mountain.” The water park was eventually purchased by John F. Long Properties in 1993, who then transformed it into a resort and renamed it the “Arizona Grand Resort.”
The Current Owners of Arizona Grand Resort
Today, the Arizona Grand Resort is owned by Grossman Company Properties, a real estate investment firm based out of California. Grossman Company Properties purchased the resort in 2019 for $158 million, making it one of their largest acquisitions to date.
About Grossman Company Properties
Grossman Company Properties has been around since 1960 and specializes in acquiring, managing, and developing commercial real estate properties across the United States. The company has over 100 properties under management and has completed over $7 billion in transactions.
The Amenities at Arizona Grand Resort
Arizona Grand Resort boasts a wide range of amenities for guests to enjoy during their stay. Some of these amenities include:
- A championship golf course
- Seven unique restaurants and bars
- A full-service spa and salon
- Multiple pools and water features
- Over 120,000 square feet of event space for weddings or corporate events
- A fitness center with state-of-the-art equipment
The Conclusion: A Luxurious Getaway Owned by Grossman Company Properties
In conclusion, if you’re looking for a luxurious getaway in Phoenix, Arizona, Arizona Grand Resort is the perfect destination. Owned by Grossman Company Properties, this resort offers top-notch amenities and a rich history that has been transformed into an unforgettable experience for guests.
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