Hospitality
LA Commits $150K to Study Hotel Incentives at Oceanwide Plaza as KPC, Lendlease Plan $800MM Revival
The Los Angeles City Council authorized a $150,000 consultant study to weigh public incentives for the long-stalled Oceanwide Plaza, where new owners KPC...
Brandywine Homes, Vaidehi Inc. Land Approval to Replace Norwalk’s Hotel Saddleback With 120 Homes and 130-Room Hotel
Norwalk has cleared a Specific Plan amendment allowing Brandywine Homes to build 120 single-family homes and townhomes and Vaidehi Inc. to develop a...
DO Capital Group Lands $50MM BHI Loan to Break Ground on 1,200-Unit District at Jurupa Valley
DO Capital Group has secured a $50 million construction loan from BHI to launch the first phase of The District at Jurupa Valley,...
R.D. Olson’s $225MM Dana Point Harbor Hotels Left in Limbo After Second Failed Lease Vote
A ground-lease impasse at the Orange County Board of Supervisors has stalled the two waterfront hotels planned for Dana Point Harbor, pushing their...
La Jolla Beach & Tennis Club Launches $40MM Guest-Room Phase of $60MM Renovation, Targeting Memorial Day 2027
La Jolla Beach & Tennis Club has launched the guest-room phase of a $60 million overhaul of its 21-acre oceanfront property, the largest...
Sixty Collective’s $37MM Beverly Hills Hotel Loan Returns to Special Servicing After Missed August Maturity
The Pomeranc brothers' Sixty Collective missed an August maturity date on its $40 million loan against the 118-room Sixty Beverly Hills, sending the...
Los Angeles Led World Cup Host Cities in Small-Business Sales Growth, Bank of America Finds
Los Angeles posted the strongest small-business sales growth of any World Cup host city, with hotels, bars and restaurants up roughly 18 percent...
Los Angeles Advances Developer-Funded Study of Hotel Incentives to Revive Oceanwide Plaza’s Graffiti Towers
The Los Angeles City Council's Economic Development and Jobs Committee has advanced a motion directing the Chief Legislative Analyst to hire consultants, paid...
Northeast Family Nears Control of 65-Room Hotel Laguna in Laguna Beach as $30MM Trustee’s Sale Looms
An East Coast investor selected through a court-appointed receivership is closing in on the leasehold to Laguna Beach's storied Hotel Laguna, even as...
Stoa Lodging to Convert Gaslamp’s Hotel Z into 100-Room Stellen San Diego, Opening Early 2027
Oregon-based Stoa Lodging is betting on downtown San Diego's convention-driven demand, converting the aging Hotel Z on Sixth Avenue into a 100-room boutique...
Kroenke Levels Warner Center’s Promenade Mall to Clear Path for $10B Rams Village in Woodland Hills
The demolition of Woodland Hills' long-vacant Promenade mall clears the way for Stan Kroenke's $10 billion Rams Village, a 52-acre mixed-use district anchored...
Montage International Acquires 317-Room Pendry San Diego from Robert Green Company for $147MM
Montage International has taken full ownership of a downtown luxury hotel it has operated since opening day, buying out developer The Robert Green...
