Ohana Real Estate Investors Acquires Claremont Club & Spa In Berkeley For $163.3M

41 Tunnel Road - Claremont Club & Spa

Hotel

Sold 362 days ago

Summary

Sale

CALIFORNIA

Hotel

The Claremont Club & Spa, located in the Oakland-Berkeley hills, has been acquired by Ohana Real Estate Investors for a price exceeding $160 million. The renowned hotel, situated on 41 Tunnel Road, was purchased from Blum Capital Partners and Fairmont Hotels & Resorts.

Summary of transation details

Property Type: Hotel
Transaction Amount: $163,300,000
Address: 41 Tunnel Road
Market: Berkeley

David Zimmerman of Ohana Real Estate Investors represented the buyer in this deal.

Details

Deal Summary

SOLD

IMAGE: David Zimmerman DATE: 05/15/2023 ADDRESS: 41 Tunnel Road - Claremont Club & Spa MARKET: Berkeley ASSET TYPE: Hotel BUYER: Ohana Real Estate Investors (@OhanaREInvestments) - David Zimmerman SELLER: Blum Capital Partners and Fairmont Hotels & Resorts (@FairmontHotels) SALE PRICE: $163,300,000 KEYS: 276 ~ PPK: $591,667 NOTE: The Claremont Club & Spa, a renowned hotel in the Oakland-Berkeley hills, has been acquired by Redwood City Ohana Real Estate Investors for over $160 million.

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Address41 Tunnel Road - Claremont Club & Spa

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