Hospitality
Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu
British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...
Developer Declares Two Dana Point Harbor Hotels ‘Dead’ After OC Supervisors Delay 66-Year Ground Lease Vote
The developer behind a luxury hotel and a surf lodge planned for the $600 million Dana Point Harbor overhaul says both projects are...
Ashford Sells 260-Room Sheraton Mission Valley to Hotel Circle Holdings for $45.25MM in San Diego
Ashford Hospitality Trust has closed the sale of its 260-room Sheraton San Diego Mission Valley to Hotel Circle Holdings for roughly $45.25 million,...
San Manuel Nation’s $33.2MM Purchase of Riverside’s 238-Room Mission Inn Surfaces in County Records
Real estate filings with Riverside County have put a number on a deal both buyer and seller had kept confidential, showing the Yuhaaviatam...
Seaview Hands Back Keys on 231-Key Residence Inn LAX After $45MM Default
Robert Alter’s hotel firm consented to a court-appointed receiver as Rialto and Cantor moved on the loan, signaling deeper distress across Los Angeles...
Loan Delinquencies Surge in Commercial Real Estate Sectors at the End of 2023
The commercial real estate sector is currently navigating through turbulent financial conditions, evidenced by a significant rise in loan delinquencies. This worrying trend...
