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MONTEREY, CA-Ocean Park Hotels of Valencia, CA pays $20.5 million for the 204-room with plans to self-manage the property and invest an additional $5 million in the property to bring it back up to Hilton standards.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!