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Press release content from Business Wire. The AP news staff was not involved in its creation. Lowe Acquires Miramonte Resort & Spa in Indian Wells, Calif. December 21, 2020 GMT LOS ANGELES--(BUSINESS WIRE)--Dec 21, 2020-- 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. Reopenin...

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 bun...