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Home Finance Dauntless Capital Sells Pasadena Residence Inn for $65MM at $451,000 Per Key
FinanceHospitalityIndustry NewsLos Angeles

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

May 22, 20263 Mins read1.1k
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Photo by Marten Bjork on Unsplash
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Houston firm clears a 26 percent markup on a hotel it bought in 2021, defying a slumping Los Angeles hospitality market Dauntless Capital Partners has sold a Residence Inn by Marriott in Old Town Pasadena for $65 million, a price that works out to roughly $451,000 per room and stands as one of the richest […]

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