Hotel - Los Angeles

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.
Hotel
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.
Hotel
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.
Hotel

  • 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

  • Kor Group, Goldman Sachs Team Up for LA Hotel Buy

    The 250-key Custom Hotel is the only lifestyle boutique near Playa Vista and Los Angeles International Airport. The companies have two other hotels in the pipeline, scheduled to open in 2019.

    05 September 2017 13:46

  • HFF Closes LAX Doubletree Sale and Financing

    Umbrella Hotel Group purchased the 216-key hotel in El Segundo, Calif. HFF marketed the property on behalf of the seller and secured a mezzanine loan for the buyer.

    17 August 2017 14:04

  • San Gabriel Sheraton Hotel Design Revealed

    Kollin Altomare Architects designed the 288-key property slated for completion by fall 2017, with interior design from Cheng Chung Design and Whitespace Interiors.

    09 August 2017 17:04

  • Home2 Suites by Hilton Azusa Opens

    Fine Hospitality manages the 110-key property owned by Amazing Investment LLC, which compliments the booming tourism industry in Los Angeles County.

    02 August 2017 13:50

  • CIM Group Closes LA Hotel Sale

    The sale comes after the recent disposition of the adjacent 8500 Sunset residential complex.

    31 July 2017 14:31