Hotel Online  Special Report


Warnick & Company Represeneted
Hilton in Sale
LOS ANGELES, March 4, 2004 Warnick & Company, Inc. announced that it has completed the sale of the Doubletree La Posada Resort, a 262-room full-service hotel situated on 30 acres of prime real estate in Paradise Valley, Arizona. Warnick & Company represented Hilton Hotels Corporation of Beverly Hills.
 
Southern California-based Crown Realty & Development Corporation, with offices in Irvine and Beverly Hills, purchased through its subsidiary, PV Resort and Associates LLC. The Buyer proposes a major renovation and repositioning.

Warnick & Company is a strategic advisory firm that specializes in the lodging and recreational real estate industries. The firm provides consulting, asset management, and 


Doubletree-La Posada Resort
 4949 East Lincoln Drive
Scottsdale, Arizona 85253
investment banking services to investors, developers, financial institutions, hotel companies, and government agencies. For more information on Warnick & Company, please visit our website at www.warnickco.com.

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Contact:



Thomas F. Morone
Warnick & Company, Inc.
Phone: (310) 229-5798
http://www.warnickco.com


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