Ritz-Carlton in San Francisco Sells for $231MM

(EDITOR'S NOTE: According to public documents, the transaction closed on December 30th, 2016 for $231,115,200, or $687,843 per room.) Carey Watermark Investors 2 Acquires the Iconic Ritz-Carlton; Landmark Nob Hill property, only AAA Five-Diamond hotel in San Francisco Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing […]