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CA Transactions Dominated in Q2

Posted 7/24/2012 - 6:58:13 AM

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LOS ANGELES–Seven transactions over $10 million each or roughly 27% of the national total in the second quarter of 2012 took place in California, according to data compiled by LW Hospitality Advisors, LLC. 

Heading the list was Loews Hotels & Resorts' acquisition from the CIM Group of the Renaissance Hotel & Spa in the Hollywood section of Los Angeles.

The remaining six transactions were the Marriott Del Mar in San Diego, Hilton Garden Inn San Francisco/Oakland Bay Bridge in Emeryville, Hotel Milano in San Francisco, Inn at Rancho Santa Fe in Rancho Santa Fe, Embassy Suites in Valencia and Colony Palms in Palm Springs. 

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