Maybourne Hotel Group Acquires Beverly Hills Hotel At 225 N. Canon Dr For $415M | 225 North Canon Drive @MontageBH | Alan Reay | Hotel | Sale

Summary

Sale

CALIFORNIA

Hotel

291,080 sqft

The Montage Beverly Hills hotel located at 225 N. Canon Dr in Beverly Hills has been sold for approximately $415,000,000. The buyer, Maybourne Hotel Group, acquired the hotel from Ohana RE Investors. This sale transaction includes 201 keys and has a price per key of $2,064,676.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $415,000,000 (approx.)
Address: 225 N. Canon Dr
Market: Beverly Hills

Alan Reay from Atlas Hospitality Group represented the seller, Ohana RE Investors, in this deal.

Please note that no additional information is available regarding this transaction.

Players

All
2

Agents
1
Agencies
1

Alan Reay

President

$602.6M Sold

Atlas Hospitality Group

Details

Deal Summary

SOLD

IMAGE: Alan Reay, Steven Alden, Pierre Omidyar, Sheikh Hamad bin Jassim Al Thani & Chris Smith DATE: 12/24/2019 ADDRESS: 225 N. Canon Dr @MontageBH MARKET: Beverly Hills ASSET TYPE: Hotel SELLER: Ohana RE Investors BUYER: Maybourne Hotel Group BROKERS: Alan Reay - Atlas Hospitality Group PRICE: $415,000,000 (approx.) KEYS: 201 PPK: $2,064,676

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Address225 North Canon Drive @MontageBH

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