Greens, Inc Acquires Wingate By Wyndham Hotel In Inglewood For $23.67M

The Wingate by Wyndham Hotel located at 10300 La Cienega Boulevard in Inglewood has been sold for $23,670,000. The property consists of 148 keys and was purchased by Greens, Inc from an Irvine-based company. The transaction was facilitated by brokers Vanessa Herzog, Matt Orville, Marshal Vogt, and Jaimeson Hearne of Lee & Associates. Despite challenges such as a bank failure announcement and historic easement issues, the sale showcased expertise and cooperation.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $23,670,000
• Address: 10300 La Cienega Boulevard
• Market: Inglewood
• Buyer: Greens, Inc
• Brokers: Vanessa Herzog, Matt Orville, Marshal Vogt, Jaimeson Hearne - Lee & Associates
• Keys: 148
• Price Per Key: $159,932

Lee & Associates successfully managed the sale of the Wingate by Wyndham Hotel, demonstrating their expertise and ability to navigate challenges in the transaction. The involvement of brokers Vanessa Herzog, Matt Orville, Marshal Vogt, and Jaimeson Hearne from Lee & Associates ensured a smooth and cooperative process.