Hospitality
Los Angeles at Crossroads: $2.2 Billion Convention Center Expansion Faces Critical Vote
Los Angeles city officials are assessing a $2.2 billion expansion and modernization of the Convention Center, crucial for economic growth but facing budget...
McCarthy Building Companies Breaks Ground on 103,000 SQFT Kedren Children’s Village in Los Angeles
The pediatric-focused behavioral health hospital will provide services for community in need LOS ANGELES, Calif. – April 4, 2025 – McCarthy Building Companies,...
111-Unit Riverleaf Inn Mission Valley Hits the Market for $17.48MM
The Riverleaf Inn Mission Valley, a 111-room independent hotel located at 2484 Hotel Circle Place in San Diego, has been listed for sale...
Da Yuh Development Secures Approval for New 125-Room Hotel Development in Los Angeles
A new hospitality project is set to rise in Los Angeles’ Pico-Union neighborhood, as plans for a 125-room hotel at 2250-2270 West Pico...
Haley Hospitality Enterprises Acquires Laguna Hills Hotel for $12MM
Haley Hospitality Enterprises has completed the acquisition of the 121-room Laguna Hills Lodge located at 23932 Paseo De Valencia in Laguna Hills, California....
U.S. Hospitality Market Faces Cost Pressures and Shifting Investment Trends
The U.S. hospitality industry ended 2024 on an uneven note, as nominal revenue per available room (RevPAR) showed modest gains, yet real profitability...
R.D. Olson Construction Begins Expansion on Lido House Hotel in Newport Beach
The construction firm will build five new cottages and expand amenity spaces on the landmark Orange County hotel NEWPORT BEACH, Calif. – March 12,...
Sentral Gaslamp Quarter Bringing 135 Hotel Style Units in San Diego
Sentral continues robust growth with first property in San Diego, with apartments available for any length of stay; announces new hires to support and...
Benedict Canyon Property Once Slated for Bulgari Hotel Hits Market for $175MM
A sprawling 32.67-acre property in Benedict Canyon that was once destined to become a luxury Bulgari-branded resort is now on the market with...
148-Room Element Hotel in San Diego Secures $38MM Construction Financing
SAN DIEGO, Calif., Feb. 21, 2025 – IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), has secured $37.9 million in construction...
66-Room Best Western Plus Inn in Brawley Listed for $11.6MM
The Best Western Plus Inn, a hotel located at 1562 Main St in Brawley, has been listed for sale at $11.59 million, or...
Ashford Hospitality Trust Secures $580MM Mortgage Loan for 16 Hotels, Including Los Angeles Property
(Editor’s Note: According to industry reports, one of the properties is the 260-room Beverly Hills Marriott located at 1150 South Beverly Drive in...
