(To read more on the debt and equity markets, click here.)
COSTA MESA, CA-Makar Properties has acquired a Wyndham here for$42 million through an affiliate, Hansji Hotels has secured $30million in refinancing and LaQuinta Inns has purchased a propertyin Santa Ana for $14 million. The deals involve hotels totaling 761rooms.
Makar's new asset is the 238-room Wyndham Orange County Hotel at3350 Avenue of the Arts in Costa Mesa. Both the buyer and theseller were represented by Jordan Richman of the Grubb & EllisHospitality Group, who listed the property in a previous sale inApril 1993.
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