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AtlasAuthor
2020-12-22Posted on
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AtlasAuthor
2020-12-22Posted on
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An inhospitable market? LA’s biggest hotel sales plunge in 2020

https://therealdeal.com/la/2020/12/18/an-inhospitable-market-las-biggest-hotel-sales-plunge-in-2020/?utm_source=internal&utm_medium=after_article&utm_campaign=related_article Large deals have been few and far between as investors wait out pandemic Los Angeles / December 18, 2020 08:50 AM By Matthew Blake | Research By Jerome Dineen The Georgian at 1415 Ocean Avenue and The Viceroy at 9291 Burton Way (Google Maps) This was a bad year to sell a hotel. Only two of the five biggest Los Angeles...
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AtlasAuthor
2020-12-21Posted on
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AtlasAuthor
2020-12-21Posted on
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Palo Alto Hotel Sells For $32.7M: Report

https://patch.com/california/paloalto/palo-alto-hotel-sells-32-7m-report The Palo Alto property is among five Oxford Capital purchased for a combined $111 million according to the report. By Gideon Rubin, Patch Staff Dec 18, 2020 5:19 pm PT PALO ALTO, CA — A Palo Alto hotel has been sold amid a Chicago-based investment group’s Monopoly board-style Bay Area buying spree. Oxford Capital paid...
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AtlasAuthor
2020-12-17Posted on
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AtlasAuthor
2020-12-17Posted on
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Hotel Near Los Angeles Airport Sold in Region’s Second-Largest Deal of 2020

$91.5 Million Trade is California’s Fifth Priciest Amid Pandemic Conditions https://product.costar.com/home/news/shared/1439334782?utm_source=newsletter&utm_medium=email&utm_campaign=personalized&utm_content=p4 By Lou Hirsh / CoStar News December 16, 2020 | 5:25 P.M. Sunstone Hotel Investors sold the 502-room Renaissance Los Angeles Airport hotel for $91.5 million in the L.A. market’s second-priciest hotel deal by sum of 2020, a tough year for hospitality properties amid the coronavirus...
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    Atlas Hospitality Group, which specializes in the sale of California hotels, was founded by Alan X. Reay in 1997. Since its inception, Atlas has sold more hotels in the state than any other brokerage firm.

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