Hotel Angeleno Sold
Filed under: Luxury Travel & Hotels
It didn't end up as part of a Chapter 11 filing like so many hotels, but the circular Hotel Angeleno in the Brentwood area of Los Angeles has been sold in what appears to be a deal in the nick of time. The LA Times is reporting that the hotel has been sold for $35 million. The sellers were investors led by Namco Capital Group Inc. which is headed by Ezri Namvar. Both Namco and Namvar had filed for Chapter 11 in recent months. The 16-story tower near the 405 freeway was a Holiday Inn for 35 years before it got a new name and a posh renovation in 2006. It remains open and is managed by Joie de Vivre which manages a string of boutique hotels in California and other places. Rates at the Angeleno start at $179.
Rodents Run Amok at Upstate New York Walmart
Apple CEO Tim Cook interview at D10: the liveblog
What Happened When Alex Kenjeev Paid His Student Loan in Cash
Beyonce 60-Pound Weight Loss: Queen B Flaunts New Figure During Comeback Concert Series
What's a Realistic Retirement Age?
I'm A Successful Entrepreneur But Might Get Deported
Carrie Underwood's Grunge Rock Past: 'I Was All About Pearl Jam'
Farmers Hit the Jackpot in Kansas Oil Boom
Mary J. Blige, Charity Lawsuit: Singer's Foundation Sued for Failing to Repay $250K Loan
Editorial: Despite shaky 48 fps Hobbit preview, high frame rates will take off