Chicago Tribune

Blackstone Real Estate Partners is buying a majority stake in Great Wolf Resorts, which plans to expand its chain of water park lodges

The owner of Willis Tower is getting into indoor water parks, buying a majority stake in Great Wolf Resorts.

Blackstone Real Estate Partners IX, an affiliate of Blackstone Group, will acquire a 65% stake in the Chicago-based water park operator from owner Centerbridge Partners, the two

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