Case Study
Beverly Hilton / Waldorf Astoria
Financed the acquisition of the Beverly Hilton and adjacent property and co-developed the ground up five-story Waldorf Astoria Beverly Hills. Concurrently financed the recapitalization of the Beverly Hilton hotel.
Details
Location: 9876 Wilshire Blvd, Beverly Hills, CA 90210
Status: Profitably exited the investment in the project in 2018. Profits distributed to investors.
Closing Date: Q2, 2014
Realization Date: Q4, 2018
Project Info
- Located at the intersection of Wilshire and Santa Monica Boulevards
- Adjacent to the Beverly Hilton, a 4-star hotel totaling 571K SF and 569 rooms
- New 12-story and 170-room 5-star hotel branded as the Waldorf Astoria Beverly Hills
- Perfected entitlements to build 325,000 square feet across two ultra-luxury residential condominium towers
