Hotel Exterior at Dusk

Pacifica in $44M Hotel Sale

Orange County Business Journal 09/22/15 Pacifica in $44M Hotel Sale By Paul Hughes http://www.ocbj.com/news/2015/sep/22/pacifica-44m-hotel-sale/ Irvine-based Pacifica Hotels sold the Hilton Garden Inn Marina del Rey to Chatham Lodging Trust in West Palm Beach, Fla., for $44.5 million. The price works out to about $332,000 per room for the 134-room property. About half the purchase price—$22.6...
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Meet the Downtown San Jose Hotel Being Built Without Many People Knowing About It

Silicon Valley Business Journal 09/09/15 Meet the Downtown San Jose Hotel Being Built Without Many People Knowing About It By Nathan Donato-Weinstein http://www.bizjournals.com/sanjose/news/2015/09/09/meet-the-downtown-san-jose-hotel-being-built.html If you live or work in downtown San Jose, you may have walked by a new hotel under construction and not even realized it. For the last several months — and somewhat...

Larry Ellison Buys Swanky Palo Alto Hotel for Steep Price

Silicon Valley Business Journal 09/14/15 Larry Ellison Buys Swanky Palo Alto Hotel for Steep Price By Nathan Donato-Weinstein http://www.bizjournals.com/sanjose/news/2015/09/14/exclusive-larry-ellison-buys-swanky-palo-alto.html First Lanai. Then Malibu. Now: Palo Alto? Billionaire Larry Ellison’s investment arm has acquired Palo Alto’s Epiphany Hotel — an 86-room trophy property in the heart of downtown Palo Alto — according to public records and...