LRE & Companies to Develop 10-Acre Mixed-Use Project in Rocklin, CA
SAN RAFAEL, Calif., April 13, 2023 -- LRE & Companies, a full spectrum real estate development, asset manager, construction, and hotel management company, has revealed the plans for University...
Lenders on $725MM Loan File Lawsuit Against Park Hotels & Resorts to Put San...
By Kate Snyder
More San Francisco properties are the subject of legal proceedings. The lenders for a $725 million mortgage on two of the city’s hotel assets are suing to...
Alila Ventana Big Sur Sells Again After 3 Months, Reaching $150MM
By Vladimir Bosanac
After just three months of ownership, Hyatt Hotels Corporation has flipped the 59-room Alila Ventana Big Sur for $150 million, or around $2.608 million per room. This price...
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...
Ventana in Big Sur Sells for $148MM, or $2.5MM per Key
Achieves record $2.5 million per-key price for a North American resort
SAN FRANCISCO, June 17, 2021 -- Geolo Capital, the private equity investment arm of the John Pritzker family office,...
Flynn Properties, Värde Partners Acquire 80 Percent Interest in 89 Hotels in $1.1B Deal
SAN FRANCISCO & MINNEAPOLIS – Flynn Properties Inc., owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with...
Miramar Capital Plans 580-Unit Mixed-Use Project in San Jose’s Loma Linda Neighborhood
By Jon Peterson
Miramar Capital has been approved by the city of San Jose for a new mixed-use development project located in the city at 4300 Stevens Creek Boulevard. The...
Historical Decline in California Hotel Sales, Reveals Atlas Hospitality Group’s Mid-Year Survey
By Jack Stubbs
California hotel sales have experienced significant stagnation – and a historical decline – in the first half of the year, according to a recent report by Newport...
RH Pays $25MM for 857-Acre Resort Site in Napa Valley
By Catherine Sweeney
After it was placed on the market in 2019, a 857-acre resort property in Napa has been sold to RH, a luxury home design brand formerly known...
Eagle Canyon Capital Lists for Sale 541-Room Signia by Hilton in San Jose
By Kate Snyder
One of San Jose’s hotel properties has been listed for sale. The Signia by Hilton, owned by Eagle Canyon Capital, is now on the market, according to...
