{"id":1004183855,"date":"2017-07-13T08:31:24","date_gmt":"2017-07-13T16:31:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004183855"},"modified":"2022-12-08T18:32:22","modified_gmt":"2022-12-09T02:32:22","slug":"rubicon-sells-lax-596-key-hotel-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rubicon-sells-lax-596-key-hotel-portfolio\/","title":{"rendered":"Rubicon Sells LAX 596-Key Hotel Portfolio"},"content":{"rendered":"

By Ariela Moraru<\/p>\n

\"Aloft<\/a>

Aloft El Segundo \u2013 Los Angeles Airport<\/p><\/div>\n

Rubicon Cos. disposed of a two-property, 596-room hotel portfolio comprising an Aloft and Fairfield Inn & Suites near Los Angeles International Airport in El Segundo, Calif. HFF marketed the property on behalf of the seller.<\/p>\n

Located at 475 N. Sepulveda Blvd., the Aloft El Segundo \u2013 Los Angeles Airport features a 24-hour fitness center, pool, 1,000-square-foot meeting space, lounge and bar. Fairfield Inn & Suites Los Angeles LAX\/El Segundo is located less than a block away from the 246-key Aloft at 525 North Sepulveda Blvd. The Marriott-branded Fairfield Inn contains 350 rooms and features an outdoor pool, fitness center and meeting space. Both properties are less than one mile from LAX and have easy access to Interstates 105 and 405. Downtown LA is 18 miles away.<\/p>\n

10th<\/sup> Largest Hotel Converted<\/h2>\n
\"Fairfield<\/a>

Fairfield Inn and Suites Los Angeles LAX El Segundo<\/p><\/div>\n

Rubicon Cos. acquired the 640-key Hacienda Hotel in 2013 from a private family that owned the property for 40 years. The property was then the 10th largest hotel in Los Angeles County. The company then completed $30 million renovations and converted the 300,000-square-foot property together with Klewin Construction into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott. Another LAX mammoth hotel<\/a>, the 580-key Hyatt Regency Los Angeles International Airport, has also undergone extensive renovations recently.<\/p>\n

HFF Managing Directors Tony Malk and Scott Hall led the investment sales team representing Rubicon Cos. in the disposal of the hotel portfolio.<\/p>\n

Images courtesy of Aloft and Fairfield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.<\/p>\n","protected":false},"author":960,"featured_media":1004505893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21783,1594,21742,15],"tags":[36760,32888,32847,32792,36738,33877,36737,33377],"class_list":["post-1004183855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-investment","category-los-angeles","category-latest","category-west","tag-aloft","tag-aloft-hotel","tag-fairfield-inn-and-suites","tag-hff","tag-klewin-construction","tag-marriott","tag-rubicon-companies","tag-starwood"],"acf":[],"yoast_head":"\nRubicon Sells LAX 596-Key Hotel Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rubicon-sells-lax-596-key-hotel-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rubicon Sells LAX 596-Key Hotel Portfolio\" \/>\n<meta property=\"og:description\" content=\"The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rubicon-sells-lax-596-key-hotel-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-13T16:31:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:32:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Aloft-El-Segundo-Los-Angeles-Airport.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ariela Moraru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rubicon-sells-lax-596-key-hotel-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rubicon-sells-lax-596-key-hotel-portfolio\/\",\"name\":\"Rubicon Sells LAX 596-Key Hotel Portfolio - 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