Hospitality
City of Los Angeles to Pay $60MM for 294-Room Mayfair Hotel as Part of Inside Safe Initiative
(EDITOR’S NOTE: According to industry reports, the City will pay $60 million, or approximately $204,081 per room, for the hotel and plans to...
Frontwave Arena Tops Out in Oceanside’s El Corazon Park
By The Registry Staff In the heart of Oceanside’s El Corazon Park, a grand vision is taking shape – the Frontwave Arena. With...
Sunset Development Acquires Two Hotels Totaling 68 Rooms in Anaheim for a Combined $20.6MM
By The Registry Staff More hospitality space is trading in Orange County. Aliso Viejo-based Sunstone Development LLC has recently acquired a pair of...
167-Room Ramada Hotel in Hawthorne for Sale for $26.5MM
By Catherine Sweeney An opportunity to acquire a 167-room hotel on the border of El Segundo and Hawthorne has recently been made available....
Construction Underway on 173-Room Hilton Hotel in Arcadia
ARCADIA, Calif. –– R.D. Olson Construction, an award-winning general contracting firm in California, today announced that construction is underway on Hilton’s latest hotel...
Ashford Hospitality Plans to Surrender 19 Hotels to Lenders, 8 Are Located in California
By Vladimir Bosanac Dallas-based Ashford Hospitality Trust Inc. is planning to surrender 19 hotels across the country to its lenders. The company announced...
Here Is Where the Largest CMBS Exposures Lie Across Major US Metropolitan Markets
By The Registry Staff The commercial real estate sector is facing growing concerns over mounting debt as it grapples with higher interest rates,...
Kirkwood Collection Pays $28MM for 45-Unit Hotel Portfolio in Palm Springs
By Catherine Sweeney Kirkwood Collection is adding to its portfolio with the recent acquisition of a 45-Room hotel portfolio in Palm Springs. According...
Los Angeles Rams Plan Temporary Training Facility in Warner Center
By The Registry Staff Starting in March 2022, Stan Kroenke, the owner of the Los Angeles Rams, has invested around $650 million to...
L.A. LIVE’s Iconic Home of Concerts and Award Shows to Be Renamed Peacock Theater
Multi-Year Agreement Between AEG and Peacock Includes Naming Rights to L.A. LIVE’s Theater and Outdoor Plaza as Peacock Becomes the Exclusive Streaming Partner of...
CNBC: Marcus & Millichap’s CEO Hessam Nadji Sees Delinquencies in Office Continuing to Rise
Hessam Nadji, president and CEO of Marcus & Millichap, and Tim Seymour, Seymour Asset Management CIO, join ‘Power Lunch’ to discuss a pullback...
USC to Build a New $38MM Women’s Lacrosse and Soccer Stadium
By The Registry Staff In 2025, the University of Southern California women’s soccer and lacrosse programs will have a brand-new state-of-the-art stadium known...
