PHWH2 PROP LLC Acquires Hotel In Los Angeles From ORLANDO WILSHIRE INVESTMENTS LTD For $38.43M

The transaction involves a hotel located at 8378 W 3rd St in the Los Angeles market. The asset was sold for a price of $38,435,000.00 and has a total square footage of 56,136.0.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $38,435,000.00
• Address: 8378 W 3rd St
• Market: Los Angeles
• Square Footage: 56,136.0
• Buyer: PHWH2 PROP LLC
• Seller: ORLANDO WILSHIRE INVESTMENTS LTD
• Broker: Jordan Rubinstein - Century Park Realty
• Transaction Date: 08/02/2021

In this deal, PHWH2 PROP LLC acquired the hotel from ORLANDO WILSHIRE INVESTMENTS LTD, with Jordan Rubinstein from Century Park Realty representing the transaction. The property was officially sold on August 2, 2021.