Hotel
Trinity Investments Lands $210MM Citi Refinancing for 531-Key Grand Hyatt Indian Wells Resort & Villas
Trinity Investments has locked in $210 million of floating-rate CMBS debt from Citi on the Grand Hyatt Indian Wells Resort & Villas, a...
COVA Resort Wins Coachella Planning Nod for 87-Acre Hotel, Homes and Public Beach Club
Coachella's Planning Commission recommended conditional approval of COVA, an 87-acre hotel, resort, residential and public beach club development from a Relevant Group affiliate,...
R.D. Olson, Joseph Martelli Land $84MM Refinancing for 271-Room Marriott Irvine Spectrum
R.D. Olson Development and longtime partner Joseph Martelli Real Estate Investments have recapitalized the 15-story Marriott Irvine Spectrum with an $84 million loan,...
Navy Weighs Developer Bids for 28-Acre Seal Beach Ground Lease at PCH, Trading Land for Base Upgrades
The U.S. Navy has spent four years studying what to do with roughly 28 acres of underused land at the corner of Pacific...
Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack
Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...
Choice Hotels Shops 302-Key Cambria Pair at LAX and Burbank Airport in $100MM+ Five-Hotel Portfolio
Choice Hotels International is marketing its corporately owned Cambria hotels in El Segundo and Burbank as part of an 829-key, three-state portfolio priced...
Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount
Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...
Santa Ana Authorizes Lawsuit Against Caribou Industries Over Stalled 171-Unit 3rd & Broadway Project
Santa Ana's City Council has authorized litigation against Caribou Industries over the long-stalled 3rd & Broadway Promenade, raising the prospect that the city...
ALPS Group Recasts Former Four Points Sheraton in San Diego as 223-Room Goldfinch Hotel
ALPS Group of Hotels has started construction on a full repositioning of the 20-acre former Four Points Sheraton site on Aero Drive, wagering...
93-Key Holiday Inn Express in Pasadena Hits Market at $21.98MM as Tri-Lin Holdings Calls for Offers
The recently renovated, IHG-flagged Holiday Inn Express & Suites at 3500 East Colorado Boulevard has been placed on the market with a September...
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...
