CA License #01216856
Sonesta ES Suites San Jose Airport, a hotel at 1602 Crane Court in north San Jose. SAN JOSE — A San Jose hotel that is being eyed as a site for a possible conversion to housing has been bought at a price that suggests lodging property values remain feeble in the Bay Area. The Sonesta…
Landlords now face tougher market than when they bought in Dec 12, 2025, 6:00 AM PST By TRD Staff Sonder’s sudden implosion last month has left a trail of vacant buildings and frustrated landlords across Los Angeles. Owners who bought properties to be occupied by the defunct short-term rental company are now scrambling to plug holes in…
December 08, 2025 | 8:55 p.m. ET Bianca Barragán, Southern California Property owners that had leases with the defunct short-term rental company Sonder face an uphill battle as they seek to reestablish cash flow at the properties that were abruptly vacated last month. Owners must now find new operators or sell, but the properties are going to be harder…
A series of major sales in the back half of the year symbolizes a larger tourism turnaround. By Max Harrison-Caldwell Published Dec. 03, 2025 • 6:00am After a brutal few years in which the city’s tourism and hospitality market was as good as dead, outside investors are once again paying attention to San Francisco. In the third major…
By Madeline Berg, Natalie Musumeci, and Kelsey Vlamis Nov 21, 2025, 1:17 AM PTShare The warning signs were there. Long before guests found themselves abruptly kicked out of their “Sonder by Marriott” stays this month, Sonder, the Airbnb rival, was battling sloppy accounting, a litany of lawsuits, and a stock price so low it was nearly delisted from the Nasdaq….
Newbond Holdings and Conversant Capital are the new owners of the Hilton in Union Square. By Jeffrey Weinstein | November 23, 2025 Newbond Holdings and Conversant Capital could be buying at a bargain as the market starts to rebound, attracting capital from the likes of Blackstone. SAN FRANCISCO – A $408 million sale price has been reported for…
Bay Area hotel market remains wobbly By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group PUBLISHED: November 14, 2025 at 5:15 AM PST | UPDATED: November 14, 2025 at 8:59 AM PST SAN JOSE — The Sonesta ES Suites in San Jose could be reborn as a residential hub under a proposal being floated at City Hall in a fresh sign…
BY MARK MUELLERNOVEMBER 10, 2025 The Waldorf Astoria Monarch Beach Resort & Club has seen a change in ownership, following a deal that values the Dana Point luxury resort at around $500 million, according to industry watcher estimates. Last month, Yuhaaviatam of San Manuel Nation, an indigenous tribe located in the San Bernardino region, took…
Lender takes property in fresh hotel loan failure By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 24, 2025 at 4:49 PM PDT NEWARK — A Newark hotel was seized by its lender due to a delinquent loan, a foreclosure that highlights the wobbly values for the region’s hospitality market. The Hyatt Place Newark/Silicon Valley hotel at 5600 John…
Price is less than hotel’s appraised value in sign of weakness By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 14, 2025 at 4:46 PM PDT BERKELEY — The University of California’s investment arm bought an East Bay hotel for well under its appraised value, a deal that hints at lingering ailments in the Bay Area lodging…
By Dennis Nessler | October 13, 2025 The Southern California region is one of the hottest hotel pipeline markets in the country, thanks to its robust logistics sector and low barriers to entry. NATIONAL REPORT — Driven largely by the growth of distribution centers, prohibitive coastal pricing and low barriers to entry, the Inland Empire has emerged…
Property in East San Jose has hundreds of rooms By George Avalos | gavalos@bayareanewsgroup.com | Bay Area News Group UPDATED: October 7, 2025 at 6:48 AM PDT SAN JOSE — A hotel cluster in San Jose with hundreds of rooms faces a loan foreclosure as early as this month if the property’s owner doesn’t cure the delinquent financing. The 204-room…
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.