Hospitality
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...
92-Acre Mixed-Use Development in Oceanside Would Include Resort, 700 Residential Units
By Catherine Sweeney A former swap meet site in Oceanside could be the site of a new mixed-use development, offering a lifestyle resort,...
28-Unit Boutique Hotel Hits Market in Los Angeles with $10.95MM Asking Price
By Catherine Sweeney The Sky Hotel, a 28-key boutique hotel in Silicon Beach, is on the market, offering potential investors the chance to...
Trinity Real Estate, Oaktree Capital, Purchase 305-Key Luxury Hotel in Hollywood for $197MM
(EDITOR’S NOTE: According to a source with knowledge of the transaction, the property was sold for $197 million, or approximately $645,901 per room.)...
58-Story Mixed-Use Tower Moves Forward in Los Angeles
By Catherine Sweeney A 58-story mixed-use tower will soon begin construction in Downtown Los Angeles after it was recently approved by the City....
Harkham Family Sells Former Beverly Hills Hotel for $200MM
(EDITOR’S NOTE: According to sources familiar with the transaction, the property sold for approximately $200 million.) LOS ANGELES – JLL Capital Markets announced...
Robert Green Company Breaks Ground on 134-Room Luxury Hotel in Coachella Valley
LA QUINTA, Calif. – November 17, 2021 – R.D. Olson Construction, an award-winning general contracting firm in California, today announced that construction is...
Pebblebrook Hotel Trust Acquires 210-Room Estancia Hotel in La Jolla for $108MM
BETHESDA, Md. — Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that it acquired the AAA Four Diamond 210-room Estancia La Jolla...
CGI+ Receives Entitlements for 125-Key Hotel Mixed-Use Project in Los Angeles
By Catherine Sweeney A mixed-use hotel development by CGI+ recently received full entitlements from the City of Los Angeles. After initially purchasing the...
Sunstone Hotel Investors in Contract to Sell 340-Room Embassy Suites La Jolla for $226.7MM
IRVINE, Calif., Nov. 4, 2021 — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO), the owner of Long-Term Relevant Real Estate®...
Lowe, Atlas Hotels Borrow $148MM for Financing of 671-Room Hotel in Mission Valley
SAN DIEGO – October 29, 2021 – Berkadia today announced the closing of the financing of the newly-transformed Town & Country Resort located...
