Hospitality
Construction Begins on 200-Room Hotel at Jamul Casino Near San Diego
Jamul Indian Village, CA, May 23, 2023 – The Jamul Indian Village Development Corporation (JIVDC), a subsidiary of the Jamul Indian Village (JIV)...
Welcome Group Secures $36.8MM in Construction Financing for 194-Key Hotel Development in Pasadena
LOS ANGELES – JLL Capital Markets announced that it arranged $36.8 million in construction financing for 550-566 E Colorado Blvd., a 194-key, six-story...
Sagemont Plans 121-Room Extended Stay Hotel in Moreno Valley
By Catherine Sweeney Sagemont Hotels, an Anaheim-based development group, is planning to bring more hospitality space to the Inland Empire. During a recent...
Los Angeles City Council Fails to Halt Santa Monica Mountains Luxury Resort Project
In a heated debate that involved passionate comments from both the public and elected officials, the Los Angeles City Council made a decision...
Hermosa Beach Two-Parcel Jewel on the Market for $9.7MM
Hermosa Beach, known for its stunning coastline and vibrant community, is a backdrop to an enticing investment opportunity with a mixed-use property located...
City of Los Angeles Looks to Acquire 294-Room Mayfair Hotel
By Jon Peterson (UPDATE: A recent memo submitted to Los Angeles’ Budget, Finance and Innovation Committee indicates that the City of Los Angeles...
203-Room Schrader Hotel Development Site in Hollywood Hits the Market
By The Registry Staff A hotel development site in the heart of Hollywood has recently been placed on the market. According to a...
LuxUrban Hotels Signs Master Lease Agreements to Operate Boutique Hotels, Including 179-Room Property in Los Angeles
MIAMI – LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes an asset-light business model to lease entire hotels on a long-term...
Simon Property Group to Spend $1.5B on Adding 2,000 Residential and Hotel Units Across US Portfolio
By Vladimir Bosanac The largest shopping mall operator in the United States, Simon Property Group, which oversees a portfolio of over 200 malls...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders’ balance...
Shopoff Realty Reveals Plans for 26-Acre Mixed-Use Development at Westminster Mall
The 26-acre redevelopment will create approximately 1,167 housing units, a 175-key hotel, a 2.5-acre park, and approximately 25,000 square feet of retail and...
MBK Rental Living, MG Hospitality Acquires 10-Acre Development Site in Thousand Oaks for Combined $21.7MM
By Catherine Sweeney A nearly 10-acre site in Thousand Oaks could soon be headed for development after it was recently sold. According to...
