Hotel
Sixty Collective’s $37MM Beverly Hills Hotel Loan Returns to Special Servicing After Missed August Maturity
The Pomeranc brothers' Sixty Collective missed an August maturity date on its $40 million loan against the 118-room Sixty Beverly Hills, sending the...
Los Angeles Advances Developer-Funded Study of Hotel Incentives to Revive Oceanwide Plaza’s Graffiti Towers
The Los Angeles City Council's Economic Development and Jobs Committee has advanced a motion directing the Chief Legislative Analyst to hire consultants, paid...
Montage International Acquires 317-Room Pendry San Diego from Robert Green Company for $147MM
Montage International has taken full ownership of a downtown luxury hotel it has operated since opening day, buying out developer The Robert Green...
Amber Hotel Company Lists 126-Room Ramada Suites in San Diego’s Hotel Circle for $11MM
Amber Hotel Company has listed the recently renovated, 126-suite Ramada Suites by Wyndham near San Diego's Hotel Circle for $11 million, or roughly...
Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles’ stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint...
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...
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...
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...
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...
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...
