Hospitality
Report: California Sees Record Number of Hotel Sales Throughout 2021
By Catherine Sweeney In 2021, California’s hospitality industry saw unprecedented interest as both investors and lenders showed a resurgence in their interest toward...
Blackstone Sells Coachella Valley Resort, as Seen on “The Bachelorette”, to Henderson Park for $255MM
By Meghan Hall Private equity real estate manager Henderson Park has made a big purchase to mark its first acquisition in the United...
Reno Seeks to Purchase Motels as Affordable Housing Instead of Letting Developers Demolish Them
The mayor of Reno did little to stop the razing of motels that housed low-income residents or to replace lost units. Following a...
Two-Building Mixed-Use Project Planned for Pasadena 
By Catherine Sweeney A mixed-use development offering both a hotel and residential space could replace a former car dealership in Pasadena, after design...
Chatham Lodging Opens 170-Room Hilton Hotel in Los Angeles’ Woodland Hills Neighborhood
WEST PALM BEACH, Fla. – Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay...
Report: California Sees Record Number of Hotel Developments in 2021 Despite Rising Construction Costs
By Catherine Sweeeney California’s hotel industry ended the 2021 year on a positive note, with a new record high of hotels opening across...
S.D. Malkin Properties Secures $265MM Refinancing 387-Key Resort in Oceanside
SAN DIEGO, Calif., Jan. 25, 2022 – JLL’s Capital Markets group announced today that it has arranged a $265 million refinancing for a...
AEG Plans 860-Room Expansion of J.W. Marriott in Los Angeles
LOS ANGELES, Jan. 25, 2021 – JLL’s Hotels & Hospitality Group announced today that in contemplation of a major expansion of the J.W....
Marriott’s VEA Newport Beach Hotel to Open in Spring of 2022
NEWPORT BEACH, Calif. — Following an extensive transformation, VEA Newport Beach, a Marriott Resort & Spa, will officially debut this spring. Formerly the...
Kam Sang Company Secures $128MM in Financing for 884-Key Resort in Palm Desert
LOS ANGELES, – JLL’s Hotels & Hospitality Group announced today that it has arranged a $128 million loan for the JW Marriott Desert...
201,304 SQFT Mixed-Use Development Nearing Completion in Chino Hills
By Catherine Sweeney A 201,304 square-foot mixed-used development is nearing completion in Chino Hills. Initially approved in 2017, the project by Cerritos-based developer...
60-Room Motel on Market in Santa Ana With $12MM Asking Price
By Catherine Sweeney A 60-key motel in a prime tourist destination in Santa Ana has hit the market with an asking price of...
