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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…
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…
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…
By Nellie Day Mar 3, 2026 8:00am NYU IHIF 26 Distressed Assets Americas Hospitality Investor Homepage Kenny Rogers never sang about debt yields or PIPs, yet he still managed to offer some of the best investment advice in the industry: You’ve got to know when to hold ’emKnow when to fold ’emKnow when to walk awayAnd know when to run…
Dollar volume in the north of the state jumped 104 percent California recorded $4.1 billion in hotel sales in 2025, up 22 percent from 2024, according to Atlas Hospitality Group. By Sreedevi N R | Mar 03, 2026 CALIFORNIA HOTEL MARKET closed 2025 with sales of about $4.1 billion, a 22 percent increase from 2024, according…
The price buyers paid per hotel room, though, shot up, a positive sign for the San Diego County hotel market By Lori Weisberg | lori.weisberg@sduniontribune.com | The San Diego Union-Tribune PUBLISHED: February 13, 2026 at 6:00 AM PST San Diego County’s hotel real estate market slumped a bit last year, as measured by the number of transactions and overall dollar…
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.