Atlas Hospitality Group, Alila Ventana Inn, Big Sur, San Diego, Hotel Indigo, JW Marriott Le Merigot Santa Monica, Hyatt Regency LAX, Sheraton Hotel Milpitas, Santa Clara, Silicon Valley, San Francisco, Sir Francis Drake Hotel

Report: Record Transactions Show Strong Belief in Future of California’s Hotel Industry

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By Catherine Sweeney  Despite the year of uncertainty caused by the COVID-19 pandemic, investors are taking to California’s hotel sector at record numbers. According to the 2021 Mid-Year Hotel Survey...
CIM Group, San Francisco, Hotel Villa Florence, Union Square, AWH Partners, Roxborough Group

CIM Group Provides $67.5MM Loan Secured by Hotel Villa Florence in San Francisco’s Union...

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SAN FRANCISCO--CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $67.5 million loan to The Roxborough...
Tower Capital, Kalthia Group Hotels, Manas Hospitality, Harc Holdings, Sacramento, Holiday Inn Express

Sacramento Hotel Purchased for $16MM as Part of Hotel-to-Multifamily Conversion

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(EDITOR’S NOTE: According to public records, the asset was sold in August of 2021 for $16 million, or about $121,212 per room. The seller was Manas Hospitality, LLC, which...
Hotel Adagio, Autograph Collection

Park Hotels & Resorts Enters Contracts to Sell Two San Francisco Hotels for $303.5MM

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TYSONS, Va., July 13, 2021 -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien...

Podcast: James Chung, Founder and CEO of The Econic Company

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Retail veteran James Chung launched the econic company in 2021 with a singular goal in mind: to provide seamless, bespoke services to landlords and tenants alike in a landscape unlike any...
Rosewood Hotels & Resorts, San Francisco, Urban Pacific, Goldman Sachs Asset Management, Joyce Wang Studio, Hines, F4 Transbay Partners, Pelli Clarke Pelli Architects

Rosewood San Francisco to Open in 2026

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F4 Transbay Partners appoints ultra-luxury hospitality brand to open hotel in the Transbay District’s final skyscraper development (SAN FRANCISCO) - Rosewood Hotels & Resorts® has been selected by F4 Transbay Partners (F4), a...
Half Moon Bay Lodge, Invest West Financial, Half Moon Bay Lodge LLC, Pacifica Hotels, Half Moon Bay

Half Moon Bay Lodge Trades Hands for $22.75MM

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By Meghan Hall The Half Moon Bay Lodge, an 80-key hotel located less than a mile from the coast, has sold as travel begins to resume. In a deal that...
TNT Land Development, Terra Hospitality, Top Golf, CORBeL Architects, HMH California, Atlas Hospitality

Proposed 214-Key Hotel in San Jose Makes Entitlements Progress

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By Meghan Hall The Alviso Hotel--a new project pitched by TNT Land Development Services and Terra Hospitality--is making progress. The project was originally proposed at the end of 2019, and...
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

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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...
Pebblebrook, Villa Florence, San Francisco, Union Square, Sir Francis Drake Hotel,

Pebblebrook Hotel Trust Executes Contract to Sell Villa Florence San Francisco for $87.5MM

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By Meghan Hall Maryland-based Pebblebrook Hotel Trust has executed a contract to sell the Villa Florence San Francisco on Union Square Hotel. According to a statement from the company, the...

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