Hospitality
Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles’ stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...
Comic-Con Locks Into San Diego Through 2030, Anchoring $160MM Annual Hospitality Windfall
San Diego secured a five-year commitment from Comic-Con International that keeps the pop-culture juggernaut and its estimated $160 million in annual regional spending...
La Jolla Beach & Tennis Club Launches Final Phase of $60MM Resort Overhaul With 90-Room Redesign
The fifth-generation, family-owned La Jolla Beach & Tennis Club is moving into the concluding stage of a two-phase, $60 million reinvestment in its...
Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...
Southern California Hotel Openings Drop 42% in First Half of 2026 as Construction Pipeline Expands
Southern California’s hotel developers are building more rooms than they were a year ago, but they’re planning fewer — a quiet retreat from...
Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu
British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...
Luxury Retail Wave Reshapes West Hollywood’s Sunset Strip as 8850 Sunset Megaproject Lags
A broker-led leasing push is repopulating Sunset Strip storefronts with apparel and coffee brands even as the corridor’s marquee ground-up developments stall on...
Developer Declares Two Dana Point Harbor Hotels ‘Dead’ After OC Supervisors Delay 66-Year Ground Lease Vote
The developer behind a luxury hotel and a surf lodge planned for the $600 million Dana Point Harbor overhaul says both projects are...
Ashford Sells 260-Room Sheraton Mission Valley to Hotel Circle Holdings for $45.25MM in San Diego
Ashford Hospitality Trust has closed the sale of its 260-room Sheraton San Diego Mission Valley to Hotel Circle Holdings for roughly $45.25 million,...
First Element Hotel in San Diego County Opens as 150-Key, $43MM Extended-Stay Bet in Mission Valley
Element San Diego Mission Valley has opened as the first Element by Westin property in San Diego County, a 150-key, wellness-oriented hotel built...
San Manuel Nation’s $33.2MM Purchase of Riverside’s 238-Room Mission Inn Surfaces in County Records
Real estate filings with Riverside County have put a number on a deal both buyer and seller had kept confidential, showing the Yuhaaviatam...
Hilton Irvine Hotel Loan Defaults, Lands in Special Servicing Months Before $44.8MM Maturity
A 306-room Hilton-branded hotel in Irvine has tipped into payment default and transferred to special servicing, leaving its $44.8 million securitized loan facing...
