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FinanceHospitalityIndustry NewsLos Angeles
Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles
Tech entrepreneur Daniel Negari's 1922.XYZ LLC has pulled the historic Bank of Italy tower's 241-room Hotel Per La out of lender hands for...
FinanceHospitalityIndustry NewsLos Angeles
European Hotelier Queensgate Investments Defaults on $71MM Freehand Los Angeles Loan as Market Pressures Mount
London-based firm's default highlights mounting challenges for Los Angeles hospitality sector London-based private equity firm Queensgate Investments has defaulted on $70.8 million in...
FinanceHospitalityIndustry NewsLos Angeles
Foreclosure Drives Corten Real Estate Partners’ $68MM Acquisition of Line Hotel in LA’s Koreatown
Company acquires 390-room property after previous owner defaults on $100 million loan The Line Hotel in Los Angeles' Koreatown has changed hands for...
