"This sale represents another successfully structured transaction for Neptune Hospitality Advisors. California continues to be one of the hottest hotel markets in the country. Because of the strength of the market, California hotels continue to fetch some of the highest prices in the country," commented Mr. Armstrong.

Neptune Hospitality Advisors is a real estate investment bank dedicated to the hotel industry. As a boutique, client-focused firm, Neptune  provides a principal-to-principal focus and a sophisticated approach to providing investment sales, financing and capital raising services, and advisory services to the hospitality industry.

For more information, contact Michael Armstrong at (858) 964-5678 or email [email protected] or view the company website at www.neptuneha.com.