Blue Diamond Hospitality Buys 151-Room Hyatt Place Fremont/Silicon Valley for $13.2MM

A Fresno-based hospitality investment group has snapped up a Silicon Valley-area hotel at a steep discount to its assessed value, adding to a string of opportunistic Bay Area hotel acquisitions driven by a prolonged slump in lodging property values. Blue Diamond Hospitality LLC acquired the Hyatt Place Fremont/Silicon Valley at 3101 West Warren Avenue in […]