Hospitality
Private Investor Sells 61-Room Best Western Salinas Valley Inn & Suites for $9.99MM in Monterey County
The Highway 101-adjacent hotel near Historic Downtown Salinas traded at roughly $164,000 per room, well above the statewide median in a constrained California...
City Controller: San Francisco Economy Has Reached an Inflection Point
Q1 2026 indicators show tech hiring rebound, office vacancy retreating, and downtown foot traffic climbing as city hits economic inflection point San Francisco’s...
Danco-Operation Dignity Partnership Lands Oakland Motel for $5.2MM to Build 23-Unit Supportive Housing Project
Telegraph Avenue acquisition becomes Alameda County’s tenth Homekey conversion as California’s $1 billion Proposition 1 program reshapes the region’s underused hospitality stock A...
Hume Development Pushes Historic 700 J Street Conversion Toward 107-Room Hotel Eleanor Debut
The seven-story Capitol National Bank building in Downtown Sacramento is closing in on its second act as a luxury boutique hotel, with interiors...
25-Key Hotel Vinea in Healdsburg Lists for $7.5MM in Supply-Constrained Wine Country Market
The unencumbered boutique property at 178 Dry Creek Road is being marketed at roughly $300,000 per key, well below regional replacement cost estimates...
Pacifica Host Hotels Pays $47MM for 194-Room Element by Marriott Milpitas
The San Diego-based owner-operator picks up Silicon Valley’s largest new hotel debut of 2022 from developer Dynamic City Capital, takes over operations June...
Core Capital and Gaw Capital File Plans to Convert 162-Room Oakland Courtyard by Marriott Into 64-Unit Apartment Building
Joint venture invokes SB 330 to streamline approvals for adaptive reuse of five-story Downtown Oakland hotel acquired for $10.6 million in 2024 A...
San Jose Bets on Visitors to Plug $50MM Budget Hole With June Hotel Tax Vote
Measure A would push the transient occupancy tax to 12 percent, generating $10 million annually as the city weighs deep cuts to police...
Copart Billionaire Reopens Calistoga’s Clos Pegase as Centerpiece of $85MM Napa-Sonoma Winery Play
After acquiring five wineries out of Vintage Wine Estates’ bankruptcy, Jay Adair has poured millions more into a yearlong restoration betting on hospitality...
Oakland Tourism Clears $740MM in 2025 as Hospitality Sector Fights Through Hotel Closures
Visit Oakland’s annual economic impact report shows 3.2 million visitors and 5,200 jobs supported, even as the city’s lodging inventory continues to shrink...
Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM
Ashok Goyal’s buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back...
Ensemble Investments Lands $110MM Refinance on 250-Key Hotel NIA in Menlo Park
The full-service Marriott Autograph property anchors Menlo Gateway, the only hotel of its kind on the 15.9-acre tech-adjacent campus Ensemble Investments has clinched...
