SAN FRANCISCO—Woodridge Capital Partners hasacquired the Stanford Court Hotel at 905California St. here for an undisclosed price. The purchasemarks the transfer of control of all three NobHill hotels to real estate investor MichaelRosenfeld's entities, including the Fairmont SanFrancisco, which was acquired in May 2012, and theMark Hopkins, purchased in 2014. The latter twowere acquired in partnership with Oaktree CapitalManagement.

GlobeSt.com has learned from sources unrelated to the deal thatthe seller was Westbrook Partners, a NewYork-based REIT that purchased the hotel in 2011for $21 million during a downturn in thehospitality market. The parties involved wereunable to provide a purchase price.

The hotel underwent a $33-million renovation that was completed in2008 to update the rooms and common areas. Woodridge plans furtherrenovations to the guest rooms and public spaces in the nearfuture, and the firm tells GlobeSt.com that renovations costing inexcess of $10 million will be made to rooms, corridors and thelobby, along with upgrades to elevators and tech systems.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.