The Naples Bay Resort & Marina has sold to a Boston hospitality investment firm for $41.25 million.
The property, which according to Collier County records sold in a pair of transactions, was bought as part of a joint venture between Pyramid Global Hospitality and Western & Southern Financial Group.
According to a statement from Pyramid, it will oversee the day-to-day operations and the resort will be part of its independent Benchmark Resorts & Hotels collection…