KSL Capital Partners Acquires Two-Hotel Property Portfolio for ~$57.6MM Through Foreclosure in Bay Area

The Denver-based hospitality group paid no more than $57.6 million combined for the two boutique hotels, which Rhode Island-based Procaccianti Cos. purchased for $77.5 million in 2019 Denver-based KSL Capital Partners has acquired two boutique Bay Area hotels through swift foreclosure proceedings, paying less than their prior sale prices in a pair of transactions that […]