West

Sam Nazarian

SBE Closes Purchase of Morgans Hotel Group

The transaction, valued at $805 million, more than doubles the number of hotels in the company’s portfolio.

QIA Pays $175M for The St. Regis San Francisco

The sovereign wealth fund of the State of Qatar acquired the 260-key hotel from Marriott International.

Downtown Denver Office Towers Command $154M

Franklin Street Properties has snagged the 613,527-square-foot Dominion Towers with the help of JPMorgan Chase Bank.

Electric Car Company to Build $700M Facility in Arizona

Lucid Motors’ new manufacturing center will create more than 2,000 new jobs by 2022.

Alexandria Wins Nod for Merck R&D Project

The REIT will develop a 294,000-square-foot, LEED-Platinum facility in South San Francisco for the pharmaceutical giant.

Bernards Tackles Santa Monica College Facilities

The Los Angeles-area college construction expert just unveiled the new, $15.1 million IT building.

KeyBank Lends a Helping Hand in Washington

AVS Communities received more than $95 million in tax-exempt bond financing to create nearly 600 affordable housing units in the state.

CBRE Handles $121M Sale of Four Seasons in Vail

Barclays Capital sold the 121-room hotel, which it owned since 2009 and most recently renovated for $2.5 million.

Mixed-Use Project Approved in Downtown Morgan Hill

The 10,000-square-foot development designed by KTGY will pay homage to the Edes Brothers Hardware Store that occupied the site more than a century ago.

Shade Hotel, Redondo Beach

Shade Hotel Opens Second California Location

Opening their second Southern California location, Shade is looking to attract visitors with their upscale services in smaller beach towns.