AiDS Healthcare Foundation Acquires Hotel In Los Angeles For $6.7M

The AiDS Healthcare Foundation, represented by Michael Weinstein, has acquired a hotel property located at 116 E 5th St in Los Angeles. The transaction took place on 01/11/2023 for a sale price of $6,700,000. The hotel consists of 62 keys, with a price per key of $108,065.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $6,700,000
• Address: 116 E 5th St
• Market: Los Angeles
• Buyer: The AiDS Healthcare Foundation - Michael Weinstein
• Keys: 62

Michael Weinstein, representing The AiDS Healthcare Foundation, played a key role in the acquisition of this hotel property in Los Angeles. This transaction adds to the foundation's portfolio and aligns with their mission of contributing to the healthcare industry.