CA Transactions Dominated in Q2
Tuesday July 24th, 2012 - 6:58AM H
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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.
Tags: • Hospitality • Ownership •
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