Luxury Hotel Seized in Malaysian Financial Case Heads to Auction in Posh Beverly Hills

Court to Sell Off California’s Viceroy L’Ermitage After Former Owner’s International Legal Troubles https://product.costar.com/home/news/shared/1827109742?utm_source=newsletter&utm_medium=email&utm_campaign=personalized&utm_content=p4 By Lou Hirsh CoStar News July 20, 2020 | 4:10 P.M. A luxury Beverly Hills, California, hotel that is popular with celebrities could be sold at a discount in a court-ordered auction next month, following what international law enforcement officials call a money laundering…

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L’Ermitage Luxury Hotel Headed for Auction

Bidding will start at $104 million https://labusinessjournal.com/news/2020/jul/13/lermitage-luxury-hotel-headed-auction/ By Hannah Madans Monday, July 13, 2020 The Viceroy L’Ermitage Beverly Hills hotel could have a new owner soon. The luxury hotel, which was seized in a money laundering scandal involving financier Jho Low, will be sold at auction Aug. 19. Matthew Bordwin of real estate brokerage Keen-Summit Capital…

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Despite Coronavirus Spikes, Disneyland And Orange County Hotels Brace For Reopening

June 11, 2020 Joseph Pimentel, Bisnow Southern California | Email Reeling from a coronavirus-catalyzed drop in tourism and business, hoteliers in Anaheim are closely watching the reopening of the Disneyland Resort and the visitors it may bring to the area. “This is huge news,” Wincome Group CEO and Asset Manager Paul Sanford said to Bisnow an hour after…

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