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Hospitality: Luxury Styles Although demand for hotel rooms in Los Angeles County is mounting, construction is increasingly limited to premium, less affordable options. By Gina Hall March 30, 2026 Los Angeles is preparing to host this year’s FIFA World Cup, the 2027 NFL Super Bowl and the 2028 Olympic and Paralympic Summer Games. Yet the…
Santa Clara Investor Group Acquires 112-Room Hyatt Place Newark/Silicon Valley for $19.8MM The Registry May 8, 2026 Ashok Goyal’s buying group acquired the 2023-built hotel at $176,300 per room — well below the $25.8 million debt the lender took back at foreclosure last fall and a 52 percent discount to the property’s May 2025 appraised…
East Bay hotel finds buyer after foreclosure in region’s latest distressed lodging sale $20M sale represents less than half of property’s assessed value Another week, another distressed hotel sale in the Bay Area. A group led by Santa Clara-based investor Ashok Goyal bought the 112-room Hyatt Place Newark/Silicon Valley hotel in Newark for nearly $19.8…
Newark hotel lands local buyer in wake of foreclosure New ownership group has extensive hotel sector experience By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: May 7, 2026 at 5:00 AM PDT | UPDATED: May 7, 2026 at 2:22 PM PDT NEWARK — A Newark hotel that flopped into foreclosure last fall was bought by a local investor with…
Mayer, Hyatt near refi deal on oceanfront hotel in OC $200M loan would repay existing $182M debt maturing in May May 6, 2026, 8:00 AM PDT | By Alena Botros The Mayer Corporation and Hyatt Corporation are close to a $200 million refinancing of an oceanfront hotel located in Huntington Beach, according to a S&P Global…
Hospitality: Luxury Styles Although demand for hotel rooms in Los Angeles County is mounting, construction is increasingly limited to premium, less affordable options. By Gina Hall | March 30, 2026 Los Angeles is preparing to host this year’s FIFA World Cup, the 2027 NFL Super Bowl and the 2028 Olympic and Paralympic Summer Games. Yet…
Church Of Scientology Is The New Owner Of Former Hollywood Mama Shelter Hotel April 23, 2026 | 5:22 p.m. ET Bianca Barragán, Southern California A Hollywood building that formerly housed the Mama Shelter hotel has sold out of receivership to an entity linked to the Church of Scientology for $16M, Bisnow has learned. The sale price for the…
San Jose hotel may head for sales block after major sports events end Lender eyes sale of hotel after foreclosure By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: April 17, 2026 at 5:00 AM PDT | UPDATED: April 17, 2026 at 4:32 PM PDT SAN JOSE — A lender hopes to sell the Signia by Hilton in downtown San Jose after…
Loan failures jolt South Bay hotels as market suffers fresh setbacks Two hotels tumble into default By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: March 24, 2026 at 8:44 AM PDT | UPDATED: March 24, 2026 at 8:58 AM PDT Loan failures have jolted two hotels in Santa Clara County, financing defaults that offer grim evidence that a forbidding…
Hospitality market in Bay Area remains frail By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: March 9, 2026 at 11:31 AM PDT | UPDATED: March 10, 2026 at 9:21 AM PDT TIBURON — A boutique hotel nestled in a Bay Area enclave was bought through a speedy foreclosure transaction, a fresh sign that economic woes still afflict the region’s…
Hotel valued at much less than its prior purchase price By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: March 6, 2026 at 9:36 AM PST | UPDATED: March 6, 2026 at 4:22 PM PST LOS GATOS — The Toll House Hotel in Los Gatos was bought by a lodging group from Colorado through a swift foreclosure proceeding, evidence that…
North Bay hotel sales drop in 2025, while California sales deals improve By Cheryl Sarfaty | cheryl.sarfaty@busjrnl.com | North Bay Business Journal PUBLISHED: February 11, 2026 at 4:03 PM PST | UPDATED: February 12, 2026 at 9:31 AM PST Hotel sales throughout California in 2025 showed some year-over-year improvement — up 4.4% — but the North Bay was a different story. Only…
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.