Locals Refuge Closes to the Public



Rita Robinson
The Laguna Beach Independent
January 29th, 2010

For Nancy Beach, eating at the Canyon Lodge American Grill in Aliso Canyon is more than just a filling breakfast before a challenging albeit short round of golf. It’s a spiritual experience.
 
“It’s such a special, spiritual place,” she said. “The way it sits on the terrain is lovely.” Beach, who’s been eating and golfing in Aliso Canyon since the early ‘80s, took a few min- utes to reminisce before a light trek along the nine-hole course in the often fog-filled coastal canyon. Standing outside the restaurant, which closes its doors to the public at 3 p.m. tomorrow, she looked out at rugged cliffs newly greened from needed winter rains and speckled with scrub oak trees, native shrubs and rock outcroppings, the subject of many a plein air painting. There’s a view from every tee.
 
“It’s an old watering hole in bygone years,” she said of the allure of the restaurant, still affectionately referred to as Ben Brown’s, after the longtime previous owner. “It’s a shame to see it as an institution go. But, obviously, it’s changing times and there’s a different kind of crowd and market now with the Montage.”
 
The 80-acre Aliso Creek Inn & Golf Course was purchased for more than $17 million in 2004, according to Realist, title company database. Montage Hotels and Resort currently owns the property, which had been purchased in partnership with developer Athens Group.
 
Known for being tight-lipped about its development plans, Montage released a statement through Ned Snavely, general manager of the Aliso Canyon property, announcing the restaurant’s closing last week. The brief missive did not provide specific reason.
 
The restaurant’s closure represents a second pullback by Montage at Aliso Creek. Plans in the works for two years to redevelop the dated 62-condo inn into a high-end hotel and spa with the addition of nearlyon the-green homes were tabled indefinitely last August due to the uncertain economy. One hotel analyst questioned whether the delay reflected prudent fiscal management prompted by the economic downturn and tight credit or misgivings about the project itself.
 
“People who have the money are looking at this as an opportunity to build for a lot less money than they could’ve done two or three years ago,” said Alan Reay, founder of Irvine-based Atlas Hospitality Group, a hotel broker. “They’re thinking that by the time they finish construction two or three years down the road, the market will be a lot better.”
 
As a consequence, Reay questioned Athens’ intentions in halting the pursuit of needed permits and entitlements. “That entitlement process is a long, long process,” he said, “and once you’ve started it, to stop and restart it is very expensive.”
 
According to Snavely’s statement, the restaurant, which looks much like a mountain lodge with its dark wood, openbeamed ceilings, Native American fabrics and fireside dining, will reopen sometime in the future for catering and special events for “business, social and private groups.” Golfers will still be catered to with a full snack bar and seasonal barbeque on the patio near the pro shop. “Catering will continue as it has been,” Snavely said, adding that regular meetings of local groups, such as the Rotary Club, will continue as usual.
 
“The rest of the resort,” he asserted, “absolutely stays in full operation.” Snavely declined to answer questions about whether occupancy rates and lack of marketing played a role in the decision. Hotel occupancy overall in Laguna Beach is down 15 to 20 percent over last year, according to Reay, who tracks hotel occupancy and room revenue countywide.
 
Asked about the number of jobs lost as a result of the closure, Snavely said obliquely, “We’re doing what we can.” A new manager of catering was hired at Aliso Creek Inn last September.
 
Beach, a retired music professor who grew up on Balboa Island and first came to the restaurant with her parents, said she’ll miss “the feel of the old place,” sharing her memories of being greeted by owner-host Ben Brown with his larger-than-life welcoming presence and watching his wife Violet walking her St. Bernard on the grounds. The Browns purchased the nine-hole golf course in 1956, built a 60- room hotel there in 1963 and added the restaurant four years later. Brown’s widow lived on the property until her death in 2005. A great nephew, Mark Slayman, who used to manage the golf course, now works for Montage as director of sustainability.
 
Beach, who now lives in Fargo, North Dakota, recently purchased property in Los Angeles. “I love it so much, even though I’m up in L.A. this week, I will come down for this golf course.”
 
Francie Pemper, another long-time Ben Brown’s fan, said it had been her favorite place for Sunday brunch for as long as she’s lived in Laguna, more than 12 years. Although she’s a member of the board of directors for the Laguna Beach Historical Society, she said in jest that she’s not sure how much of its history she knows, but “I do know the menu.”
 
After Montage’s purchase of the restaurant, the menu as well as restaurant amenities were trimmed down. “They didn’t offer the fresh fruit bowls or put muffins on your table anymore,” Pemper said.

  Mission Plaza Hotel & Suites Sold
IRVINE, Calif., September 1 / -- Atlas Hospitality Group announced the sale of the lender-owned Mission Plaza Hotel & Suites near SeaWorld in San Diego, California. Atlas Senior Vice Presidents Tim L. Edgar and Sachin J. Shah represented both the seller, an affiliate of Miami-based special servicer LNR Partners, Inc., and the buyer, an affiliate of Reven Capital and Jet Stream Hotels & Resorts.

  Mission Plaza Hotel in San Diego Has New Owners
Mission Plaza Hotel & Suites in San Diego, which was foreclosed on earlier this year by its lender, has been sold to an affiliate of La Jolla-based Reven Capital and Jet Stream Hotels & Resorts.

  Mission Plaza Hotel Sold
The San Diego Mission Plaza Hotel & Suites, which fell into foreclosure earlier this year, has been purchased by a San Diego investment group that has been looking to start acquiring hotel properties.

  Orange County Hotel Sales Jump in First Half of 2010
The number of transactions rose 67 percent, while the dollar volume increased 615 percent, says Atlas Hospitality.

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IRVINE, CA-Prime Hospitality LLC has acquired the 299-room Marriott Ontario Airport hotel in a sale that was brokered by locally based Atlas Hospitality Group on behalf of the hotel's receiver―and a deal that reflects how some of the same owners and investors who are losing their properties in defaults and foreclosures these days are buying other properties. For example, the owner who lost the Ontario Marriott was San Clemente-based Sunstone Hotel Investors, a REIT that is now buying other properties.

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In yet another sign of the troubled luxury hotel market, owners of the Park Hyatt Aviara resort in Carlsbad are close to defaulting on their $186 million loan, which has been moved into special servicing.

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A $186.5 million loan against a 329-room resort hotel in Carlsbad, Calif., has been moved to special servicing after the borrower had likely been dipping into its own pockets for several months to keep the debt current.

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Hotels have become hot properties in Orange County and across the state, with deals and sales dollars up significantly, Irvine-based Atlas Hospitality Group reported this week.

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IRVINE, CA-The number of hotel sales in California rose by 57% to and dollar volume climbed 155% to more than $631 million in the first half of this year, according to a new report from Irvine-based Atlas Hospitality Group. Alan Reay, founder and president of Atlas, tells GlobeSt.com that the spike in hotel sales was expected but that the first-half numbers for 2010 could be eclipsed if the 1,651-room Manchester Hyatt in San Diego is sold.

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REAL ESTATE: 1st-Half Sales Transactions Up About Two-Thirds Locally

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The volume and dollar value of hotel sales in California increased dramatically in the first half of this year, according to a report by Irvine-based hotel broker Atlas Hospitality Group.

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IRVINE, Calif., Aug. 18 / -- Atlas Hospitality Group President Alan X. Reay is pleased to announce that Atlas has sold the Marriott Ontario Airport in Ontario, California. Prime Hospitality LLC purchased the hotel.

  Hotel Sales Up in California
California hotel sales jumped 59% in the first six months of the year, according to a recent analysis published by Atlas Hospitality Group, a hotel brokerage. Large transactions, which Atlas defines as $5 million or more, grew 16.7% in individual sales and 229% in dollar volume in the first half of the year.

  Local Hotel Deals Jump 67 Percent from Record Lows
SD County Market Gains Traction as Riverside Slips Further

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