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Lender takes property in fresh hotel loan failure By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 24, 2025 at 4:49 PM PDT NEWARK — A Newark hotel was seized by its lender due to a delinquent loan, a foreclosure that highlights the wobbly values for the region’s hospitality market. The Hyatt Place Newark/Silicon Valley hotel at 5600 John…
Price is less than hotel’s appraised value in sign of weakness By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 14, 2025 at 4:46 PM PDT BERKELEY — The University of California’s investment arm bought an East Bay hotel for well under its appraised value, a deal that hints at lingering ailments in the Bay Area lodging…
By Dennis Nessler | October 13, 2025 The Southern California region is one of the hottest hotel pipeline markets in the country, thanks to its robust logistics sector and low barriers to entry. NATIONAL REPORT — Driven largely by the growth of distribution centers, prohibitive coastal pricing and low barriers to entry, the Inland Empire has emerged…
Property in East San Jose has hundreds of rooms By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 7, 2025 at 6:48 AM PDT SAN JOSE — A hotel cluster in San Jose with hundreds of rooms faces a loan foreclosure as early as this month if the property’s owner doesn’t cure the delinquent financing. The 204-room…
Times are tough right now for Los Angeles-area hotels, but upcoming major events may shift things in the right direction. By Sherry Karabin | September 22, 2025 With its proximity to the Getty Museum and University of California, Los Angeles, the iconic 16-story Hotel Angeleno in Brentwood draws leisure and business travelers from around the world. During an average summer, the full service 210-room boutique…
By Nellie Day Sep 3, 2025 8:00am Braemar Hotels & Resorts is officially for sale. The Dallas-based luxury hotel REIT announced in late August that it had formed a special committee of independent directors to evaluate “strategic alternatives,” including a potential sale of the company, after months of shareholder pressure. Richard Stockton, the REIT’s president and CEO,…
Sheraton San Jose Hotel trades for $5 million less than 2023 deal The 229-room Sheraton San Jose Hotel is near Levi’s Stadium as well as the headquarters of tech giant Cisco Systems. (CoStar) By Rachel Scheier | CoStar News | August 26, 2025 | 12:45 P.M. A Silicon Valley hotel sold for some $20 million, marking…
The most expensive hotel sale in the North Bay through June 30 was the 27-room Redwood Inn & Trailer Park in Santa Rosa. It sold for $2.625 million, according to Atlas Hospitality Group. CHERYL SARFATY | NORTH BAY BUSINESS JOURNAL | August 14, 2025 Hotel sales in California through the first six months of the…
Hotel sales are down throughout California and the North Bay is no exception. That is according to a new report from Atlas Hospitality Group. Through the first six months of this year, three hotels in the North Bay were sold. That’s compared to 13 during the same period in 2024. Two of the sales were…
Proposal arrives on heels of weak Bay Area hotel market By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: August 8, 2025 at 5:30 AM PDT SAN JOSE — The Aloft hotel in western San Jose could be converted into a residential care hub for seniors, documents on file with city planners show. At 4241 Moorpark Ave., Aloft San…
While San Diego is positioned well in the hotel market, sales statewide are expected to continue to slow. By Lori Weisberg | The San Diego Union-Tribune PUBLISHED: August 5, 2025 at 5:30 AM PDT Even amid high interest rates and rising operating costs, hotels in San Diego County are selling a bit more briskly than in all of…
Foreclosure handover marks third-priciest hotel sale in California this year Aug 1, 2025, 12:33 PM PDT By TRD Staff The lender of The Line Hotel in Koreatown has bought back the lodging out of foreclosure in a landmark sale for Los Angeles this year. Corten Real Estate Partners purchased the hotel at 3515 Wilshire Boulevard from…
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.