Hotel Solamar in San Diego sold to LaSalle Hotel Properties

Hotel SolamarSan Diego’s chic Hotel Solamar has been sold for $87 million. The property only opened in the Gaslamp Quarter in April of last year and the deal follows a strong recovery in the San Diego hotel industry since 9/11. The sum paid equates to around $370,000 per room, similar to the amount recently paid by Sunstone Hotel Investors for W San Diego.

Comments (0)

Leave a reply

Your actual name, not your online persona, website name, company name or keywords, otherwise your comment won't be published

Please do not advertise and make sure your comment adds value, otherwise we regret that it won't be published. Links are not allowed here - if you would like to advertise, please contact us for details.

If you want a picture to show with your comment, go get a Gravatar.

Our readers also enjoyed these posts…