Hotel Real Estate Brokerage assignment on behalf of ORIX Capital

Scope of Work:

Hotel Real Estate Brokerage assignment on behalf of ORIX Capital

Description of Project:

HTL Hospitality Advisors was selected by ORIX Capital as a Hotel Broker to sell the Lighthouse Lodge & Suites located on the Monterey Peninsula in Garden Grove, California.  Joel Hiser was the lead hotel broker in the sale and was assisted by Anthony Dimond as a hospitality Consultant and Veno Nathraj as a Hotel Broker.  The property was sold for a price of $10,000,000 or slightly less than four times annual revenue. The buyer, Pacifica Companies based in San Diego, CA, planned to complete a multi-million dollar renovation.  The 104 unit hotel has 65 standard rooms and 29 cottages and includes a full liquor license.  HTL Hospitality Advisors managed of the hotel for the owner prior to the sale.

Project Status:

For additional information please contact Joel Hiser at 415-925-8800  or via email at .

Hospitality Consulting & Hotel Asset Management Ca...
Hotel Brokerage California: Hotel Property Receive...

Of this we are certain, no one is better qualified and positioned to assist clients in succeeding with their hotel, tourism and leisure projects, assets and investments than the hotel experts at HTL Hospitality Advisors.

Call us today at (415) 925-8800