Hospitality
AllianceBernstein-Led Lenders Move to Foreclose on Oxford Capital’s 220-Room Godfrey Hotel Hollywood Over $59.1MM Debt
A lender group led by an AllianceBernstein fund has recorded a notice of default on $59.1 million in debt tied to the 220-room...
Cain, Eldridge Pull One Beverly Hills Ahead of Schedule as Project Debt Passes $3B and Retail Reaches 25% Leased
Cain and Eldridge Industries say two pieces of their 17.5-acre One Beverly Hills development are running weeks ahead of plan, even as the...
Jamison Scraps Stalled 110-Room Koreatown Hotel for 114-Unit Affordable Complex at 679 S. Harvard Boulevard
Jamison Services has filed plans to replace its long-stalled hotel project just south of Wilshire Boulevard with a seven-story, 114-unit building reserved entirely...
KSL Capital Partners Buys Strategic Hotels’ 373-Key Ritz-Carlton, Laguna Niguel in Dana Point in Deal Estimated Near $600MM
Denver-based KSL Capital Partners has closed on the freshly renovated, 373-key Ritz-Carlton, Laguna Niguel from Strategic Hotels & Resorts, returning to the Dana...
San Diego Wave Owners Seek Exclusive Talks for 16,000-Seat Stadium, Hotel and Retail District at Del Mar Fairgrounds
The owners of the San Diego Wave have pitched a privately financed, three-phase district at the Del Mar Fairgrounds built around a 12,000-...
Chetrit Family Opens 348-Room Hotel Clark in Downtown LA After 27 Years and Three Failed Launches
After 27 years of ownership and at least three aborted launches, the Chetrit family has quietly opened the 348-room Hotel Clark at 426...
339-Room Holiday Inn in Torrance Wraps Multi-Million-Dollar Overhaul as South Bay Hotels Bet on Super Bowl, Olympics
Holiday Inn Los Angeles Gateway – Torrance has finished a two-year, property-wide renovation of its 339-room Harbor Gateway tower, rolling out event-day packages...
OCVIBE Taps José Andrés, Rockwell Group for 300-Plus-Key SENA, Anaheim’s First Autograph Collection Hotel
OCVIBE has revealed the design team and operator behind SENA, a 300-plus-key Marriott Autograph Collection hotel rising beside Honda Center that will pair...
Trinity Investments Lands $210MM Citi Refinancing for 531-Key Grand Hyatt Indian Wells Resort & Villas
Trinity Investments has locked in $210 million of floating-rate CMBS debt from Citi on the Grand Hyatt Indian Wells Resort & Villas, a...
COVA Resort Wins Coachella Planning Nod for 87-Acre Hotel, Homes and Public Beach Club
Coachella's Planning Commission recommended conditional approval of COVA, an 87-acre hotel, resort, residential and public beach club development from a Relevant Group affiliate,...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
Navy Weighs Developer Bids for 28-Acre Seal Beach Ground Lease at PCH, Trading Land for Base Upgrades
The U.S. Navy has spent four years studying what to do with roughly 28 acres of underused land at the corner of Pacific...
