Larry Ellison Hyatt Regency Incline Village Lake Tahoe Northern California Atlas Hospitality Group Hyatt Corporation

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...
Alila Ventana Big Sur, Hyatt Hotels, Host Hotels & Resorts

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, Gensler, Sacramento, Elk Grove, Natomas, Turton Commercial Real Estate Elevate

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, Hyatt Hotels, Host Hotels & Resorts

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 Capital Partners, Mission Hill Hospitality, Spring Hill Suites, Truckee

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...
San Francisco Bay Area Sunnyvale Sonoma Atlas Hospitality Group Hersha Hospitality Trust Blackstone Real Estate Courtyard by Marriott TownePlace Suites

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...
Napa Four Seasons Sunstone Calistoga Alcion Ventures Atlas Hospitality Group Irvine hotel sales

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,...
Pebblebrook Hotel Trust San Francisco Stockdale Capital Partners The Marker San Francisco

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...
Hyatt Regency San Francisco Downtown SoMa Park Central Hotel BHDM Bay Area Morgan Stanley Highgate

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...

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