Hospitality

503 Articles

59-Room La Quinta in San Jose Defaults on $16MM Construction Loan

A lender filing on a three-year-old North San Jose hotel signals that the Bay Area hospitality reckoning continues even as San Francisco’s market...

Oracle Lists 10.27-Acre San Mateo Marriott Site for Residential Redevelopment

CBRE markets the former 476-room hotel parcel at 1770 South Amphlett Boulevard as a 234-unit Woodmont redevelopment plan advances through San Mateo entitlements....

Motel-to-Apartments Conversion Planned Along VTA Corridor in North San Jose

A two-phase redevelopment would transform a 58-room roadside hotel into more than 100 residential units near light rail service A north San Jose...

Napa Valley’s Only Full-Service American Canyon Hotel Featuring 132 Rooms Lists for $19.9MM

DoubleTree by Hilton hits the market as Napa County lodging outperforms the cooling national hotel sector The only full-service hotel in American Canyon...

CIM Group Lands $63MM Refinancing on Oceanfront Monterey Beach Hotel

The whole loan recapitalizes a 192-room Central Coast resort as CIM doubles down on a hospitality lending strategy launched in 2023. CIM Group...

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...

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