Stephen A. Schwarzman & Jon Gray Of Blackstone Acquire Four Seasons Hotel San Francisco For $130M

The Four Seasons Hotel San Francisco, located at 757 Market Street, features 277 rooms and has been acquired by Blackstone. The transaction marks Blackstone's first hotel purchase in San Francisco in a decade, reflecting a sale price of $130,000,000. The property is situated in the San Francisco market, with a price per key of $469,314.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $130,000,000
• Buyer: Stephen A. Schwarzman & Jon Gray - Blackstone
• Seller: Westbrook Partners
• Keys: 277
• Price per Key: $469,314
• Date of Transaction: 12/01/2025
• Address: 757 Market Street - Four Seasons Hotel
• Market: San Francisco

Key individuals involved in this transaction include Stephen A. Schwarzman and Jon Gray, representing Blackstone in the acquisition. Westbrook Partners acted as the seller, indicating a strategic move amid discounted valuations and a potential recovery in the local hospitality market.