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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...

AECCommercialIndustry NewsSan Diego

Chula Vista’s $1.35 Billion Bet: How a Coastal City Plans to Double Down on Public Access

The Gaylord Pacific resort is open—and now comes the real test of whether San Diego’s South Bay can balance tourism dollars with community...

FeaturedFinanceHospitalityIndustry News

Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins

The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...

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AECCommercialFinanceHospitalityIndustry NewsRetailSan Diego

Chula Vista’s $3 Billion Waterfront Gambit Takes Shape

A decades-long public-private partnership aims to transform 535 acres of San Diego Bay shoreline into Southern California’s next major destination The $1.35 billion...

AECHospitalityIndustry NewsLos AngelesNews Releases

Hotel Equities Announces Opening of TownePlace Suites Hotel in Tehachapi, Calif.

TEHACHAPI, Calif. — Hotel Equities (“HE”) announced the opening of its newest property, TownePlace Suites by Marriott Tehachapi. Owned by H2H Asset Group...

AECHospitalityIndustry NewsNews ReleasesSan Diego

Construction Begins on 1,600-Room Gaylord Pacific Hotel in Chula Vista

BETHESDA, Md. — Marriott International, Inc. today announced the commencement of construction on the Gaylord Pacific Resort and Convention Center (the “Gaylord Pacific”)....

CommercialFinanceHospitalityIndustry NewsLos AngelesNews Releases

Witkoff Group Gets $230MM Refinance for EDITION West Hollywood Hotel

Newmark, representing the Witkoff Group, arranged a $230 million refinance of their EDITION Hotel, along West Hollywood’s Sunset Boulevard. J.P. Morgan and Mack Real Estate Credit Strategies...

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