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Proper Hotel The luxury hotel underwent a significant repositioning while maintaining its historic character.

SAN FRANCISCO—Despite the need for tax credits and Chinese investors while overcoming a delay of two years due to a fire during construction, the former Renoir Hotel was successfully transformed into a luxury hospitality project. The historic flatiron building, now a 131-room hotel, The Proper, debuted last June.

The city’s first luxury lifestyle hotel in more than a decade was developed by Los Angeles-based The Kor Group, a lifestyle real estate investment firm with more than $3 billion in assets, in collaboration with Proper Hospitality. The crumbling facade was stripped away to reveal its Beaux-Arts beauty and the historic lobby was painstakingly restored by local artisans who employed centuries-old techniques, GlobeSt.com learns.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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