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EXCLUSIVE — Boca Raton Resort & Club Goes up For Sale!

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EXCLUSIVE — Boca Raton Resort & Club Goes up For Sale!

Boca Raton Resort & Club

For sale: The Boca Raton Resort & Club, jewel of Florida architecture (Boca Raton Resort & Club photo)

BOCA RATON — The famed Boca Raton Resort & Club is up for sale for the second time in 10 years.

The historic Mizner resort, now owned by the buyout firm Blackstone Group and marketed as a Waldorf Astoria property, is being offered to potential buyers worldwide, Gossip Extra has learned.

While club members have been buzzing about a possible sale for months, it became reality late last night when hundreds of members received this email from resort president Rick Hayduk:

From: Boca Raton Resort & Club <[email protected]>
Date: Wed, Oct 29, 2014 at 9:31 PM
Subject: Boca Resort Ownership Announcement

A message from the President of the Boca Resort, Rick Hayduk.

Dear Premier Members,

In the long and illustrious history of the Boca Raton Resort & Club, a precious few have had the rare opportunity to be the stewards of this iconic institution. I am writing to make you aware that the current owners have decided to market the property for sale. They believe this is the perfect juncture for new ownership because of the strength and stability of the Resort & Club. This will allow its next owners to think and dream big, envisioning new heights and goals for which to strive.

You can rest assured the new owner will be obligated to assume and satisfy all of the existing operating obligations of The Club and I fully expect a seamless transition as it pertains to your continued use and enjoyment.

Over the course of the coming days this news will become available to the general public. As a courtesy to Premier Club members, you are learning of this information first. I will continue to keep you informed of developments as warranted. In the meantime, know that the team’s focus is solely on providing you excellent service and building on the Resort & Club’s culture of continuous improvement.

Rick Hayduk

Boca Raton Resort & Club

From the Intracoastal, the Boca Raton Resort & Club’s tower comes in handy as navigation help (Boca Raton Resort & Club photo)

Several members of the resort’s premier club told me they expected an announcement in light of the sale of other properties in the Blackstone portfolio, including the Waldorf Astoria in New York City earlier this month and the Bahia Mar Hotel in Fort Lauderdale.

Blackstone bought the resort from former Miami Dolphins owner Wayne Huizenga in 2004 in a $1.25 billion-deal that also included Bahia Mar and Pier 66 in Lauderdale as well as two resorts in Naples.

Hayduk has yet to return a call for comment on the resort’s listing price.

While locals mainly know the resort for its beach club, many have visited as guests of large catered events like the upcoming fundraising gala of the Chris Evert Pro-Celebrity Tennis Classic.

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