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,...
The Westin San Jose Trades Hands, Selling for $44.9MM
By Meghan Hall
A historic hotel in downtown San Jose has traded hands as the hospitality sector continues to face headwinds due to the pandemic. The Westin San Jose--previously known...
Report: California Sees Record Number of Hotel Developments in 2021 Despite Rising Construction Costs
By Catherine Sweeeney
California’s hotel industry ended the 2021 year on a positive note, with a new record high of hotels opening across the state. According to a year-end hotel...
San Jose City Council Approves Urban Catalyst’s Extended-Stay Marriott in City’s Downtown West
SAN JOSE, Calif.--Urban Catalyst, Silicon Valley's premier Opportunity Zone Fund, announced today that the San Jose City Council gave the go-ahead Tuesday to build an extended-stay Marriott in San...
Reno Seeks to Purchase Motels as Affordable Housing Instead of Letting Developers Demolish Them
The mayor of Reno did little to stop the razing of motels that housed low-income residents or to replace lost units. Following a ProPublica investigation, that may change.
Anjeanette Damon,...
Silicon Valley Hotels Sell for $117.3MM Even as Recovery Lags
By Meghan Hall
Within the Bay Area’s hospitality industry, an interesting trend has arisen: While the sector struggles to recover amid limited demand from consumers, the market is still seeing...
Clayton Korte Transforms Fulldraw Vineyard through Multiphase Project
By Bekka Wiedenmeyer
Located in the center of Central Coast wine country in Paso Robles, Calif. is Fulldraw Vineyard, a 100-acre property nestled in the natural maritime setting of the...
Rosewood San Francisco to Open in 2026
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...
AWH Partners & The Roxborough Group Acquire San Francisco’s Villa Florence Hotel for $87.5MM
An affiliate of AWH Partners, LLC and The Roxborough Group, LLC has acquired the Villa Florence Hotel and retail in San Francisco for $87.5 million ($462,962 per room). The partnership plans a full repositioning of the property, including...
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...
