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...
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,...
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...
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...
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...
Irvine-Based Sunstone Hotel Investors to Pay $177.5MM for Four Seasons in Napa Valley
By Vladimir Bosanac
As the hotel industry continues its climb from the effects caused by the global COVID-19 pandemic, the California hotel sector is hitting record numbers. In one transaction,...
Stockdale Capital Partners Spends $77MM on The Marker San Francisco Hotel
(EDITOR'S NOTE: According to public documents, the property, located at 501 Geary St., was sold to Los Angeles-based Stockdale Capital Partners.)
BETHESDA, Md., June 28, 2022--Pebblebrook Hotel Trust (NYSE: PEB)...
PropTech: Prescient Leverages Replicability of Hospitality and Multifamily Development to Create Efficiencies in Construction
By Meghan Hall
As construction costs continue to rise, new tech is evolving in an effort to streamline processes and budgets. At Prescient, a hospitality- and multifamily-focused company, the goal...
San Francisco Hyatt Regency To Undergo $50MM Redevelopment and Rebranding
SAN FRANCISCO (June 29, 2021) – Andrew Casperson, Senior Vice President of Operations of the hotel currently known as the Park Central Hotel, has announced that the hotel will undergo an...
