Waldorf Astoria
San Francisco Recovery Fund Acquires Oceanwide Center Site for $60MM, Plans 910-Foot Office Tower
Partnership led by Jay Yang and Dan Kingsley closes on distressed downtown development at 80 percent discount, aims to build near-twin to Salesforce...
Northern California Hotel Openings Climb 22% Despite Pipeline Contraction
Region delivers 2,647 rooms in 2025 as construction activity and future planning both decline year-over-year Northern California recorded 22 hotel openings with 2,647...
San Francisco’s Stalled Oceanwide Tower Site Faces Foreclosure as Downtown Searches for Revival
The skeletal remains of what was supposed to be San Francisco’s second-tallest building will go under the gavel next week, as Chinese lender...
San Francisco’s Oceanwide Center Heads for $95MM Sale as Office Market Shows Signs of Recovery
The troubled Oceanwide Center development in San Francisco’s financial district appears headed for a dramatic resolution, with a new investment fund preparing to...
Report: California’s Hotel Industry Shows Decrease in Rooms, New Hotels
By Lilly Riddle The first half of 2024 presented a nuanced landscape for hotel development in California, according to a recent report from...
Atlas Hospitality Group’s California Mid-Year Survey Shows Continuous Strain in Hotel Development
By Jelena Krzanicki California hotel development has experienced stagnation across the sector in the first half of the year. According to a recent...
Beijing-Based Hony Capital to Buy San Francisco’s Oceanwide Center for $1.2B
By Vladimir Bosanac & Meghan Hall Following a protracted sales process, Oceanwide Center, a stalled, one million square foot development project in San...
