Hospitality
Economic Development in Action: Insights from Indio’s Downtown Transformation and Regional Collaboration
This comprehensive Q&A features insights from two key leaders driving economic development in the Coachella Valley. Miguel Ramirez-Cornejo (MRC) serves as Economic Development Director for...
Sonnenblick-Eichner Arranges $126.1MM of Financing for the 7-Hotel Pacifica Hotel Portfolio in California
Los Angeles, CA (September 9, 2025) – Sonnenblick-Eichner Company has arranged $126.136 million of first mortgage debt for Pacifica Hotels to refinance a...
Stratus Development Secures $16.5MM in CPACE Construction Financing for Marriott Tribute Hotel in Santa Barbara
Luxury Hotel Development near Santa Barbara’s Trendy Funk Zone to Feature 105 rooms, rooftop amenity Santa Barbara, Calif. – Concord Summit Capital, LLC (“Concord...
Hyatt House Hotel Near USC Medical Center in Los Angeles Faces Foreclosure Over $63.5MM Debt
200-room extended-stay hotel at 1550 San Pablo Street heads to auction after loan default A Hyatt House extended-stay hotel near USC’s medical center...
Chula Vista’s $3 Billion Waterfront Gambit Takes Shape
A decades-long public-private partnership aims to transform 535 acres of San Diego Bay shoreline into Southern California’s next major destination The $1.35 billion...
Jamul Casino Resort Opens New 16-Story Hotel Tower in San Diego County
200-key resort adds luxury amenities while honoring tribal heritage and expanding regional hospitality options The Jamul Casino Resort officially opened its doors today,...
Foreclosure Drives Corten Real Estate Partners’ $68MM Acquisition of Line Hotel in LA’s Koreatown
Company acquires 390-room property after previous owner defaults on $100 million loan The Line Hotel in Los Angeles’ Koreatown has changed hands for...
California Hotel Market Shows Mixed Signals in First Half as Foreclosure Sales Drove Activity
Transaction volume declines while dollar values rise amid continued buyer-seller disconnect California’s hotel sales market presented a complex and often contradictory picture in...
Seaview Investors Secures $55MM to Refinance 186-Room Los Angeles Luxury Hotel Under Marriott’s Tribute Portfolio Hotels & Resorts
Los Angeles (July 28, 2025) – Mesa West Capital has provided an affiliate entity of Seaview Investors, LLC (Seaview) with $55 million in...
66-Bed Santa Barbara Hostel Hits the Market for $8.99MM
A stabilized 66-bed hospitality property operating as a hostel at 134 Chapala Street in Santa Barbara has been listed for sale. The 4,470-square-foot...
Report: California Hotel Development Rebounds, Led by Landmark Openings in Southern Counties
After several years of subdued activity, California’s hotel development market is showing renewed momentum in 2025, highlighted by a surge in new openings...
Jade Enterprises Moves Forward With 573-Key Mixed-Use Tower Development in Downtown Los Angeles
Downtown Los Angeles continues to attract large-scale development as local firm Jade Enterprises advances plans for a mixed-use project near the L.A. Convention...
