hotel sale

Hotel Angeleno Sold

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.

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Tags: brentwood, hotel angeleno, hotel sale, HotelAngeleno, hotels, HotelSale, joie de vivre, JoieDeVivre, los angeles, LosAngeles

Plaza Hotel Sale at Christie's

by Deidre Woollard (RSS feed) —

Filed under: Decor, Auctions

The sale of the remaining goods from the Plaza Hotel in New York will take place on March 15 in New York at Christie's. As we mentioned before, many of the less unique furnishings from the hotel were already sold but the choicest pieces were reserved for this auction. For the Plaza-sentimental there is everything from a pair of Eloise slippers to a bellman's uniform to this Louis XV-style, blue and clear chandelier that is estimated to sell for $5,000 to $8,000.

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Tags: furnishing, hotel sale, new york, plaza, plaza hotel, plaza hotel sale