Hospitality
Westlake/MacArthur Park Station Plans in Los Angeles Materialize for 668-Unit Mixed-Use Project
By The Registry Staff In recent times, the Westlake/MacArthur Park Station of Metro has been making negative headlines. Earlier this year, it came...
Stan Kroenke Joins 48-Acre Midway Rising Redevelopment in San Diego as Lead Investor
By The Registry Staff The redevelopment of San Diego’s 48-acre sports arena site has taken a significant leap forward, thanks to billionaire sports...
Construction Begins at 194-Room AC Hotel by Marriott in Pasadena
PASADENA, Calif. –– R.D. Olson Construction, an award-winning general contracting firm in California, today announced that construction is underway on the newest AC...
San Manuel Band of Mission Indians Acquires 40% Ownership Interest in 400-Room Resort in Dana Point
(EDITOR’S NOTE: Ohana Real Estate Investors acquired the full property in 2020 for $497 million, or about $1.24 million per room.) Ohana Real...
Excel Hotel Group Pays $43.5MM for 146-Room Carlsbad by the Sea Hotel and Associated Retail
(EDITOR’S NOTE: According to a source with knowledge of the transaction, the property was sold to Excel Hotel Group for $43.5 million.) SAN...
Hotel Construction Slows as Lending Dries Up for Projects Across the Country
By The Registry Staff Tougher lending standards imposed by regional banks are creating obstacles for hotel developers in the United States, making it...
China Oceanwide Holdings Defaults on $157.4MM EB-5 Loan Tied to Oceanside Plaza Project in Downtown Los Angeles
By The Registry Staff More trouble is on its way to Downtown Los Angeles. China Oceanwide Holdings, a developer based in Beijing, has...
Mirae’s US Real Estate Fund Facing Termination As a Result of Declining Values Across the Sector
By The Registry Staff Mirae Asset Global Investments Co., a leading South Korean financial firm, has faced significant losses in its private fund...
244-Room Crowne Plaza Hotel in San Pedro Placed up for Sale
By The Registry Staff After it last traded in 2017, a hotel in San Pedro is back on the market. Cushman & Wakefield...
Historic Continental Building in Los Angeles Hits Market for $38MM
By The Registry Staff The iconic Historic Continental Building, a 172-room property located in the heart of Downtown Los Angeles, has been put...
Luxury 115-Room Cheval Blanc Hotel in Beverly Hills Has Been Rejected by Voters
By The Registry Staff Bernard Arnault, the esteemed business magnate topping the global wealth charts, has made the decision to abandon his grand...
Hyatt Hotels Corporation Announces Plans for 168-Room Hotel in Palm Springs
CHICAGO – Hyatt Hotels Corporation (NYSE: H) announced today plans for the 168-room Thompson Palm Springs, which will join the award-winning luxury lifestyle...
