Off-Market OfferingHotel Financial District
$60,000,000
Hotel
Asking Price
$60,000,000
Asset Type
Hotel
Investment Highlights
Downtown Los Angeles 500-key full-service convention hotel in the Financial District with approximately 25K SF of meeting and event space, multiple F&B outlets and strong global distribution. Currently managed by a major international hotel brand, with option to convert to franchise at no cost or go fully unencumbered for a termination fee. Guestrooms need renovation with estimated PIP of approximately $50K/key. Asking $60M approximately $120K/key
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Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.