Phoenix Business Journal Pivotal Group has paid $39.5 million, or $91,435/room, for Hilton Phoenix Resort at the Peak, a 432-room hotel in Phoenix. The local investment firm purchased the property from Fortress Investment Group, which had acquired it in 2019 for $51.35 million. The hotel, at 7677 North 16th St., was built in 1977. The […]

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