OXNARD, CA—Brighton Management has acquired the Channel Island Hampton Inn from Harbor Hospitality II LLC for an undisclosed amount. The 95-room hotel is located on the waterfront in Channel Island Harbor.
Brighton Management has been growing its Ventura County presence. The acquisition of Hampton Inn marks the California-based firm’s fourth hotel purchase in Ventura County in less than two years. In all of those transactions HREC Investment Advisors represented Brighton. In this hotel purchase, Mike Blahosky, SVP of HREC’s Los Angeles office, and Geoff Davis, president and senior principal in the Denver/New York office, represented the seller. They did not respond to a request for comment on this transaction.
Brighton’s hotel portfolio expansion is not limited to Ventura County. In partnership with Urban Commons, the firm purchased the 333-room Sheraton Pasadena earlier this year. The amount of the purchase was also undisclosed; however, the deal included a 20-year commitment from Sheraton to keep its flag at the location. The joint venture purchased the hotel largely due to the revitalization in Pasadena, and the hotel’s proximity to major attractions in the city.
Hampton Inn is set on the peninsula in Channel Island, overlooking the water. It is surrounded by 2,000 luxury boat slips and is located a short half-mile from the beach.