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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.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 11, 2025
More supply is entering the market.
July 11, 2025
Net absorption is expected to remain positive and possibly even rise in the coming months.
July 11, 2025
Affordability issues have left 3.4 million homes available for rent or sale sitting empty.