Hospitality
Rancho Cordova Council Approves Downtown DOVA Entitlements, Advancing KozPure’s $800MM Arena and Hotel District
Rancho Cordova's City Council voted 4-1 to approve four of the five entitlements for KozPure Development's Downtown DOVA, including land transfer and development...
Rancho Cordova Weighs $185MM Support Package for KozPure’s 7,500-Seat Downtown DOVA Arena District
Rancho Cordova's City Council is set to decide whether to back KozPure Development and Alpha One Sports and Entertainment Group's Downtown DOVA, a...
Blackstone Doubles Down on AI-Fueled San Francisco as Q3 Real Estate Marks Slip 3.2%
Blackstone's third-quarter results showed rising interest rates eroding values in its opportunistic real estate funds, yet the only U.S. property acquisition the firm...
Oklahoma Family Office Snowmass Creek Capital Buys Sonoma Coast’s 46-Room Timber Cove Resort for $37.4MM
The 1960s A-frame resort, renovated in 2016 and once a retreat for Ansel Adams, sells as Sonoma County hotel occupancy climbs 6.4 percent...
ACORE-Held $34.3MM Non-Performing Loan on Shuttered 172-Room Former Moxy Oakland Uptown Hits the Market
A defaulted $34.3 million mortgage on the former Moxy Oakland Uptown is up for sale, offering investors a path to a 2021-built, 172-room...
Two More Hotels, Including 108-Room Capitol Parq, Proposed at Sacramento’s Metro Air Park as Roadwork Lags
Sacramento County is reviewing a 108-room Capitol Parq Hotel and a larger Comfort Inn at Metro Air Park, where no hotel has broken...
Millennium’s 263-Room M Social Hotel Sunnyvale Sets December Opening, Eight Years After Groundbreaking
A Silicon Valley hotel that broke ground before the pandemic is finally set to open. The 263-room M Social Hotel Sunnyvale arrives as...
Redwood City Ferry Terminal Clears Draft EIR Milestone, Setting Stage for 9.2-Acre Waterfront Redevelopment
The Port of Redwood City has released a Draft Environmental Impact Report for a proposed ferry terminal and 9.2-acre waterfront redevelopment that would...
Tanforan Final EIR Released for Up to 1,514 Homes and 1.7MM SQFT of Lab and Office Space in San Bruno
San Bruno released the Final EIR for Alexandria and Strada's Tanforan redevelopment, with up to 1,514 homes and 1.7 million square feet of...
Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount
Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...
San Jose Lets Kimco Build Homes First at 18-Acre Cambrian Park Village, Trimming $35MM in Upfront Costs
San Jose planning officials removed a requirement that Kimco Realty build the commercial core of its 18-acre Cambrian Park Village before or alongside...
Stay Cal Hospitality Buys 181-Room Courtyard Newark Silicon Valley for $12MM
San Mateo-based Stay Cal Hospitality is adding a Marriott-branded select-service hotel on Newark Boulevard to a Bay Area portfolio that runs from San...
