Trinity Real Estate Investments LLC | December 21, 2021
LOS ANGELES - December 21, 2021 - A joint venture among funds managed by Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) today announced the acquisition of W Hollywood, a 305-key luxury hotel located in the heart of Hollywood. Following the transaction, Trinity and Oaktree will undertake a multi-million-dollar capital improvement plan that will both elevate the hotel as well as enhance Marriott International’s design and positioning of the W Hotels brand globally as it evolves to meet the future needs of luxury travelers. ...
Host Hotels & Resorts | March 8, 2017
BETHESDA, Md., March 08, 2017 -- Host Hotels & Resorts, Inc. (NYSE:HST) today announced the acquisition of the 305-room W Hollywood (the "Hotel"), which includes 10,800 square feet of high-quality retail space and seven prominent supergraphic billboard signs for $219 million. The Hotel opened in 2010 and is centrally located in the dynamic and rapidly growing sub-market of Hollywood. The surrounding area features a strong base of business and transient demand generators and serves as a hub for a thriving creative community and entertainment related companies. The Hotel is also fully unencumbered by brand and management upon sale beg...
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