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Big San Jose hotel files for bankruptcy but will keep operating as usual

Owner of hotel is in talks with new lenders to replace current financier By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay AreaNews Group UPDATED: November 6, 2024 at 5:36 AM PST SAN JOSE — A landmark San Jose hotel has filed for bankruptcy for the second time in three years but will keep its doors open…
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Santa Ana’s Embassy Suites Sells for $41M

BY EMILY SANTIAGO-MOLINA | NOVEMBER 4, 2024 A Newport Beach-based hospitality firm’s latest Orange County transaction marks the region’s second-largest hotel sale of the year after the recent take over of the Pacific Edge hotel in August. An affiliate of MHG Capital acquired the Embassy Suites by Hilton Santa Ana-Orange County Airport from Windsor Hospitality…
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Hotel De Anza in downtown San Jose bought for just over $11 million

Historic hotel is bought for far less than its prior price By GEORGE AVALOS | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 30, 2024 at 4:13 PM PST SAN JOSE — The historic Hotel De Anza in downtown San Jose was bought at a price that’s roughly half of what it was previously worth.…
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Big San Jose hotel seeks fresh financing to replace loan that’s in default

Discussions are in final stages to land new funding but bumpy road looms By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 20, 2024 at 7:36 a.m. SAN JOSE — The owner of a big San Jose hotel has crafted a plan to land a crucial round of financing for the lodging tower — even as the…
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New hotel at SoFi Stadium to cater to athletes and fans

By Roger Vincent | Staff Writer | Oct. 11, 2024 3 AM PT Construction is underway on a $300-million hotel next to SoFi Stadium, the latest addition to Rams owner Stan Kroenke’s sprawling mixed-use development on the former site of the Hollywood Park horse racing venue in Inglewood. The 300-room Kali Hotel is the only hotel in Kroenke’s…
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Ramada Hotel in Costa Mesa Sells for $20.5M

BY EMILY SANTIAGO-MOLINA | SEPTEMBER 16, 2024 The ownership of the Ramada by Wyndham Costa Mesa/Newport Beach hotel sold the 137-room property to hospitality firm Excel Hotel Group for $20.5million. The three-story resort was built in 1983 and went for $149,444 per room in August, according to CoStar. The seller, B D Inns Inc., recruited…
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