Flynn Properties Inc. | March 20, 2023
SAN FRANCISCO, CA (March 20, 2023) –– Highgate, a leading hotel management, investment and development company, and Flynn Properties, a San Francisco-based owner of luxury resorts, commercial real estate and select service hotel properties in America and abroad, today announced the acquisition of The Huntington Hotel. Located in San Francisco’s Nob Hill neighborhood, the storied property has long been a nostalgic symbol of a bygone era, having originally been constructed in 1924 as the first steel and brick high rise west of the Mississippi. Together, Highgate and Flynn Properties intend to restore and elevate every aspect of The Hunti...
Flynn Properties and Värde Partners Acquire 80% Interest in 89 Select Service and Extended Stay Hotels
Flynn Properties Inc. | November 21, 2022
SAN FRANCISCO & MINNEAPOLIS (November 21, 2022) – Flynn Properties Inc., owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with Värde Partners, a leading global alternative investment firm, today announced that it has acquired an 80% joint venture interest in 89 select service and extended stay hotels in a $1.1 billion implied total enterprise value transaction from affiliates of Highgate and Cerberus Capital Management, L.P. (“Cerberus”). With properties located throughout the United States, the portfolio comprises 58 Marriott-branded hotels, 24 Hilton...
Flynn Properties, Inc. | August 9, 2021
SAN FRANCISCO, CA and MINNEAPOLIS, MN – August 9, 2021 – Flynn Properties Inc., owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with Värde Partners, a leading global alternative investment firm, today announced that it has acquired 20 select service hotels – 11 Marriott®- and nine Hilton®-branded locations – in a $211 million deal with Apple Hospitality REIT (NYSE: APLE), a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. The newly acquired ...
Flynn Properties Completes First Phase of $9 Million Renovation of Napa Valley’s Carneros Resort and Spa
Carneros Resort and Spa | October 5, 2016
(NAPA VALLEY, CA; October 5, 2016) — Flynn Properties Inc. announced the completion of its $9 million renovation at The Carneros Inn, a luxury 28-acre property in Napa Valley, and unveils a rebranding for the property as Carneros Resort and Spa. This announcement follows the completion of its $6 million first phase of renovation in which Carneros Resort and Spa unveiled a number of property enhancements. These include the debut of a new wedding and events venue known as The Arbor, revitalization of the family pool, and a newly-built guest reception relocated near the fine-dining restaurant, FARM. FARM's agri-chic space was als...
Auberge Resorts Collection to Manage Solage Resort in Napa Valley, Recently Acquired by Joint Venture with Flynn Properties
Flynn Properties Inc | September 15, 2016
MILL VALLEY, CALIF (September 15, 2016) – Auberge Resorts Collection, owner and operator of award-winning small luxury resorts, residences and clubs, today announced that the company will manage Solage, a contemporary resort located in the heart of California wine country, following the property's recent acquisition by a joint venture formed between Flynn Properties and Auberge Resorts Collection. The resort returns to the Auberge portfolio as the company's third managed property in Napa Valley. "Auberge has demonstrated an ability to deliver results and has been an excellent operator and partner with us at our other Auberge resor...
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