Real Estate/Development
Apr. 7, 2011
Real Estate Movers & Dealmakers
Maryland-based real estate investment trust LaSalle Hotel Properties paid $80.1 million for the Viceroy Santa Monica.
Viceroy Santa Monica Sells for $80.1 Million
Maryland-based real estate investment trust LaSalle Hotel Properties paid $80.1 million for the Viceroy Santa Monica. The 44-year-old upscale hotel, a block from the beach, opened as the Viceroy in 2002 following a $20.3 million renovation. The property has 162 rooms, including 18 suites, two pools, a fitness center, and two restaurants.
LaSalle, which also counts the Cha...
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