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Lowe Acquires Miramonte Resort & Spa in Indian Wells, Calif.
LOS ANGELES (Business Wire) Lowe, a national real estate developer, investor and manager, announced today that it has acquired the 215-room Miramonte Resort & Spa prominently located on Highway 111 in Indian Wells, California. Concurrent with the completion of the acquisition, Lowe will begin implementing a reopening plan for the resort, which has been closed since March, 2020 due to COVID-19. Reopening of Miramonte is anticipated for early 2021.
The Miramonte Resort offers guests spacious accommodations including suites and bungalows, an array of premier dining spots, three outdoor pools and a 12,000-square-foot award-winning spa. A luxury, boutique resort, Miramonte is designed with multiple low-rise buildings nestled throughout its richly landscaped 11-acres, which occupy a spectacular desert setting at the base of the Santa Rosa Mountains. ....

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