Sunstone Hotel Investors Acquires Calistoga Hotel In $175M Deal

The hotel located at 400 Silverado Trail in Calistoga has been sold for $175,000,000. The property, owned by Alcion Ventures, was acquired by Sunstone Hotel Investors. The transaction took place on November 2, 2021. The hotel comprises 85 keys and has a price per key of $2,100,000.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $175,000,000
• Address: 400 Silverado Trail, Calistoga
• Market: Calistoga
• Buyer: Sunstone Hotel Investors - Douglas M. Pasquale
• Seller: Alcion Ventures

Douglas M. Pasquale, representing Sunstone Hotel Investors, took part in this transaction as the buyer's representative. The sale of the hotel marks a significant investment in the Calistoga market, providing an opportunity for Sunstone Hotel Investors to expand their portfolio and further establish their presence in the hotel industry.