The Kor Group Developing 271-Room Santa Monica Proper Hotel with Alex Gorby and Goldman, Sachs & Co.

The Kor Group | October 17, 2016

LOS ANGELES, CALIFORNIA (October 17, 2016) – The Kor Group is proud to announce that it has begun construction on the luxury lifestyle hotel, Santa Monica Proper, which they are developing with long-time landowner Alex Gorby and the Merchant Banking Division of Goldman, Sachs & Co. Slated to open in Winter 2018/2019, Santa Monica Proper Hotel is The Kor Group's second partnership with Goldman, Sachs & Co, who is also the lead capital partner on The Kor Group's Austin Proper Hotel & Residences, which is also under construction. The 271-room hotel, located blocks from the Pacific Ocean along Wilshire Boulevard in vibrant...