Sold! The London West Hollywood

LOS ANGELES-Northwood Investors LLC has acquired the London West Hollywood, an award-winning 200-suite resort. The purchase price was not disclosed, but Hotels Magazine sources reported a purchase price of $195 million. Northwood has chosen an affiliate, Northwood Hospitality, to manage the property and has hired 7-year hospitality expert Jeffrey Kulek as the property’s general manager.

“Northwood is pleased to have the opportunity to own and operate such a high quality hotel in a supply-constrained hospitality market like West Hollywood,” says Jonathan Wang, Northwood managing director. “This is our first hotel acquisition on the West Coast and exemplifies our focus on luxury hotels in strong hospitality markets.”