Articles

Deal includes return of $1 million in broker fees but does not address allegedly inflated sale costs BY MORGAN COOK, JEFF MCDONALD AUG. 9, 2022 6:14 PM PT https://www.sandiegouniontribune.com/news/watchdog/story/2022-08-09/residence-inn-jim-neil-kidder-mathews-settlement What was promoted last week as a $1 million settlement that would make taxpayers whole has prompted a public disagreement between City Attorney Mara Elliott and at least...

Irvine Co. sells Hotel Irvine to Hyatt for $135 million Hyatt will convert the hotel to the Regency brand after an extensive renovation. https://www.ocregister.com/2022/08/09/irvine-co-sell-hotel-irvine-to-hyatt-for-135-million/ By JONATHAN LANSNER | jlansner@scng.com | Orange County Register PUBLISHED: August 9, 2022 at 10:57 a.m. | UPDATED: August 9, 2022 at 1:42 p.m. The Irvine Co. has sold the shuttered 541-room Hotel Irvine to Hyatt for $135...

Texas real estate investors grab San Jose hotel with hundreds of rooms https://www.mercurynews.com/2022/08/04/motel-6-hotel-lodging-property-buy-sell-san-jose-real-estate-covid/ By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: August 4, 2022 at 10:00 a.m. | UPDATED: August 4, 2022 at 12:23 p.m. SAN JOSE — Texas-based real estate investors have scooped up a budget-friendly motel property in the South Bay, a deal that extends a private...