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Home Finance Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles
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Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles

September 16, 20263 Mins read525
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Photo by Zetong Li For Unsplash+
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Tech entrepreneur Daniel Negari's 1922.XYZ LLC has pulled the historic Bank of Italy tower's 241-room Hotel Per La out of lender hands for $34 million, or roughly $141,000 a key, less than a year after a $134 million debt default toppled the property's prior ownership.

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