The
Four Seasons Resort and Club Dallas at Las Colinas was originally developed and owned by
USAA Real Estate Company. The golf club opened first, in 1983, while the adjoining Four Seasons Hotel opened in 1986. California-based investment firm BentleyForbes bought the resort from USAA in 2006 for $200 million. BentleyForbes borrowed $175 million against the hotel that same year and invested $60 million in renovations, right before the
2008 financial crisis and the
Great Recession caused business at the hotel to drop significantly. BentleyForbes's lenders foreclosed on the hotel in 2010 and sold it at auction on June 1, 2010, after BentleyForbes missed multiple mortgage payments. The lenders themselves bought the property, for $122 million, placing it under the control of CW Capital Asset Management. CW sold the resort to
Blackstone Inc. in 2014 for $150 million. Blackstone sold it to Extell Development Co. in 2018 for $235 million. Extell sold it to
Partners Group and
Trinity Fund Advisors in 2022.
Marriott International assumed management on December 15, 2022, and the resort was rebranded
The Las Colinas Resort, Dallas as a temporary name during a $55 million renovation. The Interior was done by
Jeffrey Beers International and Leo A Daly. It was renamed
The Ritz-Carlton Dallas, Las Colinas on January 23, 2024. ==Golf==