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FinanceHospitalityIndustry NewsLos Angeles

Khanna Enterprises Acquires 469-Room Westin Long Beach for $42MM at Steep Discount

Irvine-based hotel operator picks up downtown convention hotel from Rockpoint and Highgate at roughly half its 2017 price tag Irvine-based Khanna Enterprises has...

derek-liang-G9gaKlXeVrw-unsplash-laguna beach
AECFinanceHospitalityIndustry NewsOrange County

Pacific Edge Hotel in Laguna Beach Sold for $80MM to Dune Drifter; Major Renovation Planned

In a significant transaction within California’s hospitality market, Laguna Beach’s iconic Pacific Edge Hotel has changed hands for $80 million, making it the...

FinanceHospitalityIndustry NewsLos Angeles

Varde Partners, Flynn Properties Finalizing $250MM Refinancing for 20 Hotels, Including Two in Palmdale

By The Registry Staff  Värde Partners and Flynn Properties are on the brink of finalizing a significant financial transaction, as they near a...

News ReleasesResidential

Sentral Acquires Align Residential, Now Managing Over 10,000 Apartments Across 15 Cities

Combined company will deliver best-in-class multifamily and hospitality management platform SAN FRANCISCO, Jan. 30, 2023 — Sentral, the leading full-service management company offering any length of...

CommercialFinanceHospitalityIndustry NewsLos Angeles

NewcrestImage Buys La Quinta Inn & Suites in Los Angeles for $44.2MM

By Vladimir Bosanac Even as the hotel industry across the state of California continues to cool off following a record pace set in...

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