Hospitality
Hyatt Purchases 541-Room Hotel Irvine for $135MM
By Catherine Sweeney Hotel Irvine – an asset owned by The Irvine Company since it was developed in the mid-1980s – could soon...
Certares Management Buys 245-Room Marriott Hotel in Downtown San Diego for $65.29MM
(EDITOR’S NOTE: According to a source with knowledge of the transaction, the property sold for $65.29 million, or about $266,489 per room.) CBRE...
Twenty Four Seven Hotels Opens 108-Room Hampton Inn in Rancho Cucamonga
NEWPORT BEACH, Calif. – Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western...
Construction Begins on 1,600-Room Gaylord Pacific Hotel in Chula Vista
BETHESDA, Md. — Marriott International, Inc. today announced the commencement of construction on the Gaylord Pacific Resort and Convention Center (the “Gaylord Pacific”)....
Related Companies Pays $114MM for 220-Room Godfrey Hotel in Hollywood
By Catherine Sweeney After it was recently delivered in the fall of 2021, the Godfrey Hotel Hollywood is trading hands. Public records show...
Primestor Development Looking to Revamp Panorama City Mall with 4.5MM SQFT Mixed-Use Project
By Catherine Sweeney Primestor Development is hoping to make some changes at the Panorama City Mall. According to documents filed last month with...
Income Property Investments Buys 266-Room Motel 6 in Inglewood for $46MM
By Catherine Sweeney In a show of strength for Greater Los Angeles’ hotel industry, hospitality assets continue to be snapped up. In one...
Mixed-Use District Offering More than 1,600 Multifamily Units Proposed at Moreno Valley Mall
By Catherine Sweeney A struggling mall in Riverside County could soon be getting a facelift, after its owners filed plans to revitalize the...
1,080 Rooms in Three Properties Across SoCal Part of Brookfield’s $3.8B Hotel Deal with Watermark Lodging
EDITOR’S NOTE: The West Coast properties acquired in the transaction include the following hotels:Seattle Marriott Bellevue – 384 roomsFairmont Sonoma Mission Inn &...
Merlone Geier to Redevelop Former Laguna Hills Mall as 2.9MM SQFT Mixed-Use District
By Catherine Sweeney After recently receiving approval from the City of Laguna Hills, West Coast-based investment company Merlone Geier Partners will redevelop a...
Northwood Places 226-Room London West Hotel in Beverly Hills on Market for $384MM 
By Catherine Sweeney After it last traded hands in 2013, international investment company Northwood has placed the 226-room London West Hollywood Hotel in...
IRA Capital Places 47-Room Hotel on Market in Newport Beach for $32.4MM
By Catherine Sweeney After being purchased less than a year ago, a 47-room luxury hotel in Newport Beach has recently been placed back...
