Blackstone – Sale of Boca Raton Resort & Club

Global private equity firm Blackstone has announced the sale of its stake in Boca Raton Resort & Club to private equity firm MSD Partners. Financial details of the transaction have not been disclosed. Boca Raton Resort & Club, based in Florida, is a resort with two 18-hole golf courses, a swathe of swimming pools and tennis courts and a 32-slip marina, as well as bars, restaurants and meeting spaces.