Hospitality

453 Articles

Pebblebrook Hotel Trust Completes $43.5MM Sale of 115-Room Chamberlain West Hollywood Hotel in LA

BETHESDA, Md.–Pebblebrook Hotel Trust (NYSE: PEB) (the “Company” or “Pebblebrook”) announced today that on May 27, 2026, it successfully completed the sale of...

Family Trust Sells 28-Room Boutique Hotel in Los Angeles for $9.25MM

LOS ANGELES, May 27, 2026 — Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...

Dauntless Capital Sells Pasadena Residence Inn for $65MM at $451,000 Per Key

Houston firm clears a 26 percent markup on a hotel it bought in 2021, defying a slumping Los Angeles hospitality market Dauntless Capital...

Santa Ana Country Club Commits $26MM to New 33,000 SQFT Clubhouse

Orange County’s oldest private golf club, founded in 1901, is rebuilding its 125-year-old facility as private clubs nationwide pour capital into amenities to...

GreenRock and J.P. Morgan Clinch $103MM Tax-Exempt Package for Hyatt Regency Ontario Conversion

A rare pairing of C-PACE bonds and mortgage revenue bonds delivers full-stack capital for National CORE’s 295-room Inland Empire repositioning at a moment...

Mayer, Hyatt Line Up $200MM Cash-Out Refi on Huntington Beach Oceanfront Resort

The proposed five-year, interest-only loan would retire $182 million in maturing debt and return more than $12 million in equity to ownership, signaling...

West Hollywood City Council Greenlights Faring’s 126-Unit Bond Hotel & Residences on Santa Monica Boulevard

State housing mandates compel approval of the seven-story mixed-use project despite vocal community opposition over displaced businesses and school safety concerns The West...

San Diego Greenlights $14B Civic Center Overhaul, Golden Hall Demolition Slated for 2027

A 30-year transformation of downtown’s struggling core would deliver 2,300 housing units, a community college campus and an expanded Civic Theater under a...

Church of Scientology Lands Distressed Mama Shelter Hollywood Hotel for $16MM

The 70-room property changed hands at $229,000 per key after a $13.3 million CMBS loan went into default, drawing 13 bidders to a...

State Housing Law Forces West Hollywood to Greenlight Faring’s 126-Unit Bond Hotel and Residences

A 4-1 council vote ends a multi-year entitlement fight on Santa Monica Boulevard and clears one of the city’s most contested infill sites...

San Diego Council Backs State Bill Shielding 28 Acres of Mission Bay Commercial Sites From Housing Mandate

Unanimous endorsement of AB 2525 escalates a yearlong fight over whether California’s Surplus Land Act can reach into a dedicated public park to...

Hudson Pacific Recalibrates LA Portfolio as Hollywood Stages Refill and $150MM Element LA Trade Clears

The REIT booked a $147.8MM Quixote impairment, fully leased Sunset Las Palmas stages, and advanced a 508-unit Culver City residential conversion as content...