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La Jolla coastline
AECHospitalityIndustry NewsSan Diego

La Jolla Beach & Tennis Club Launches Final Phase of $60MM Resort Overhaul With 90-Room Redesign

The fifth-generation, family-owned La Jolla Beach & Tennis Club is moving into the concluding stage of a two-phase, $60 million reinvestment in its...

Santa Monica
FinanceHospitalityIndustry NewsLos Angeles

Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing

The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...

Hotel sign on top of a building
AECHospitalityIndustry NewsOrange County

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...

hotel sign on top of a building
FinanceHospitalityIndustry NewsSan Diego

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,...

Hotel sign on the side of a building
FinanceHospitalityIndustry NewsInland Empire

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...

Hotel sign
FinanceHospitalityIndustry NewsOrange County

Hilton Irvine Hotel Loan Defaults, Lands in Special Servicing Months Before $44.8MM Maturity

A 306-room Hilton-branded hotel in Irvine has tipped into payment default and transferred to special servicing, leaving its $44.8 million securitized loan facing...

Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

City Pushback Stalls $470MM Sale of Downtown LA’s Oceanwide Plaza Graffiti Towers Until July

A bankruptcy court hearing that would clear the $470 million sale of Downtown Los Angeles’ unfinished Oceanwide Plaza has been postponed to July...

Screenshot
AECCommercialHospitalityIndustry NewsLos AngelesResidentialRetail

A Bold Vision for Downtown Los Angeles: The 670 Mesquit Project

A transformative new development is on the horizon in the heart of Downtown Los Angeles. Known as the 670 Mesquit Project, this ambitious...

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