Entity Associated with Larry Ellison Pays $345MM for Incline Village Hyatt Regency
By Vladimir Bosanac
The natural, year-round beauty of Lake Tahoe has for decades attracted visitors from around the world and in droves from Bay Area cities. Now, one of the...
Hines Selected as Partner for $600MM Mixed-Use Project in Sacramento Suburb
Elk Grove, Calif. – At their August 10 meeting, the Elk Grove City Council selected global real estate firm, Hines, in partnership with renowned architect Gensler to help transform 20 acres of...
Alila Ventana Big Sur Sells Again After 3 Months, Reaching $150MM
By Vladimir Bosanac
After just three months of ownership, Hyatt Hotels Corporation has flipped the 59-room Alila Ventana Big Sur for $150 million, or around $2.608 million per room. This price...
Ohana Real Estate Spends $163.3MM on Claremont Hotel Club & Spa in Berkeley
Claremont Club & Spa, a renowned hotel nestled in the scenic hills between Oakland and Berkeley, has recently been acquired by a prominent Bay Area real estate developer in...
KSL Expands Hotel Acquisitions With a Purchase in Truckee for $30MM
By Jon Peterson
Interest in some hotel properties has been very high in the last year or so, as the impact on the industry from the COVID-19 pandemic bifurcates the market...
Ventana in Big Sur Sells for $148MM, or $2.5MM per Key
Achieves record $2.5 million per-key price for a North American resort
SAN FRANCISCO, June 17, 2021 -- Geolo Capital, the private equity investment arm of the John Pritzker family office,...
McWhinney Acquires Historic 13-Acre Cal Neva Resort in Tahoe for $58MM
(Editor's Note: The sale price was approximately $58 million, according to a report by the Mercury News.)
Entrepreneur Hayes Barnard joined as Lead Investor
CRYSTAL BAY, Nev. – April, 6, 2023...
Blackstone Affiliate Pays $105MM for Two Sunnyvale Hotels
By Vladimir Bosanac
In a sign that the hotel industry across the greater Bay Area is holding interest from buyers, global investment firm Blackstone Real Estate just acquired two Sunnyvale...
2023 Outlook: Atlas Hospitality’s Alan Reay Discusses Trends in California’s Hospitality Market
By Catherine Sweeney
Over the past several years, California’s hospitality industry has undergone a number of changes from the challenges of the COVID-19 pandemic to record high hotel sales prices...
Blackstone Sells Four Motel 6 Properties Across Bay Area for Combined $40.3MM
By Catherine Sweeney
After acquiring a large Motel 6 portfolio in 2012, Blackstone is now attempting to dispose of portions of the portfolio across the Bay Area. In recent months,...
