AiDS Healthcare Foundation Acquires Hotel In Los Angeles For $6.7M
116 East 5th Street
Hotel
Sold 1 year ago
Summary
The AiDS Healthcare Foundation, represented by Michael Weinstein, has acquired a hotel property located at 116 E 5th St in Los Angeles. The transaction took place on 01/11/2023 for a sale price of $6,700,000. The hotel consists of 62 keys, with a price per key of $108,065.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $6,700,000
- Address: 116 E 5th St
- Market: Los Angeles
- Buyer: The AiDS Healthcare Foundation - Michael Weinstein
- Keys: 62
Michael Weinstein, representing The AiDS Healthcare Foundation, played a key role in the acquisition of this hotel property in Los Angeles. This transaction adds to the foundation's portfolio and aligns with their mission of contributing to the healthcare industry.
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116 East 5th Street
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