Hotel - Los Angeles
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AC Hotel Opens in LA’s South Bay
General contractor R.D. Olson Construction recently completed the 180-key lodging property in El Segundo, Calif.
19 August 2019 11:29 -
SoCal Hotel Lands $44M Construction Loan
Acres Capital Corp. will use the financing to complete and stabilize a 233-key property in Arcadia, Calif. Le Meridien by Marriott International is set to be a four-star property.
18 June 2019 11:06 -
Lee & Associates Brokers LA-Area Inn Sale
Y&C Pacific paid roughly $8 million for Good Nite Inn in Whittier, Calif. Andy Investment Co. sold the 102-key asset after three decades.
03 January 2019 21:39 -
LA Hotel Redevelopment Lands $51M Financing
HFF worked on behalf of Oceans V to obtain the construction loan, which will help transform a vacant office building into a 180-key Cambria Hotel & Suites.
10 December 2018 12:02 -
Woodbine Legacy Investments Pays $152M for LA DoubleTree Hotel
The new owner plans to spend as much as $35 million in renovations. The deal includes an adjacent site slated for office development.
16 October 2018 11:02 -
George Smith Partners Arranges $32M for Coachella Hotel Development
California’s first PACE-financed hotel project, IHG Hotel Indigo will receive $8 million in financing for energy efficiency, as well as a $24.4 million senior construction loan.
03 July 2018 15:23 -
Oxygen Hospitality Group Buys Palm Springs Hotel
Located at 2000 N. Palm Canyon Drive, the 100-key Ivy Palm Resort & Spa will be subject to a series of tech-drive redevelopments.
29 May 2018 16:29 -
CBRE Hotels Taps New SVP
Cara Leonard will coordinate with existing team members in arranging financing for large institutional and middle market hotels and resorts.
14 May 2018 12:23 -
L+R Enters U.S. Hotel Market
The company purchased the 283-key Hotel MdR—a DoubleTree by Hilton Hotel in West Los Angeles, which underwent extensive renovations and a repositioning in 2014.
07 May 2018 14:58 -
SCG America Opens SoCal Hotel
The newly renovated building is home to the 132-key DoubleTree by Hilton and sits within a short drive of California State Polytechnic University and a major conference center.
30 March 2018 16:09 -
Level 3 Construction Completes LA Hotel Renovation
Holiday Inn Express West Los Angeles has undergone a $4 million renovation and was remodeled to fit the new Formula Blue design.
27 February 2018 17:32 -
Airbnb’s Life After New Regulations
As the new law requiring hosts to register with the city went into effect in San Francisco, the room-sharing company had no choice but purge more than 4,500 listings. How has this impacted the local short-rental business, compared to other California metros?
21 February 2018 17:35 -
Aloft Hotel Receives $18M Construction Loan
Developed by Michael Tchakmakjian, the new 85-key hotel will be located in Glendale, Calif. and is expected to open in May 2019.
14 February 2018 17:57 -
Kimpton Expands Portfolio in SoCal
Expected to open in 2021, the 200-key hotel in Garden Grove will be close to Disneyland, the Anaheim Convention Center, Angel Stadium and Honda Center.
06 February 2018 12:44 -
AVANA Capital Closes $60M Construction Financing
The company provided the loan to Mogul Capital for the development of a dual-branded hotel, comprising 354 guestrooms, in Hawthorne, Calif.
23 January 2018 17:53