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June 2, 2005 MeriStar Hospitality Corp. (NYSE:MHX) has sold the 207-room Hilton Monterey for $20.5 million to Ocean Park Hotels.Ocean Park, a Valencia, Calif., owner/operator plans to invest about $5 million on renovations to the property. MeriStar, which said the ...
October 23, 2001 HORSHAM, Pa. – Delaware Lincoln Investment Advisers has provided $38.8 million of fixed-rate financing for the Monterey Marriott Hotel, a 341-unit full-service property next to the Monterey, Calif., convention center. The financing, which was arranged by GMAC ...
September 13, 2001MONTEREY, Calif. – A group of Monterey investors headed by the Cannery Row Co. has purchased three upscale boutique hotel properties here.UBS Warburg LLC sold the hotels, two of which are oceanfront properties, through Jones Lang LaSalle Hotels. ...
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