Ascendant Capital Partners
Ascendant Capital Partners Reopens Monterey Beach Hotel Following a Complete Transformation
ASCENDANT CAPITAL PARTNERS | August 22, 2024
Guests are Welcomed to Experience its Dramatic Renovation, with Modern Design, Reinvented Dining at The Lantern Room, Lobby Lounge, and Tidewater’s Oceanfront Decks, and Authentic Experiences Reflective of the Community Monterey, Calif. (August 21, 2024) – Ascendant Capital Partners, a leading real estate investment and operating company, in partnership with global hotel management firm Highgate and global investment manager Centerbridge Partners, proudly announces the highly anticipated debut of Monterey Beach Hotel, a Marriott Tribute Portfolio hotel. Built in 1967, the hotel re-opens today under its original name after a signi...
Ascendant Capital Partners and Centerbridge Partners Acquire Monterey Tides Hotel
Ascendant Capital Partners | January 10, 2022
LOS ANGELES, CA – January 10, 2022 – Ascendant Capital Partners, a vertically integrated real estate investment and operating platform, in partnership with Centerbridge Partners today announced that they have acquired Monterey Tides, a 196-room waterfront boutique hotel in Monterey, California, from Southwest Value Partners. Monterey Tides, located on Sand Dunes Drive, is Monterey’s only hotel with a privately owned beachfront, spanning almost 600 linear feet. The hotel features well-appointed guestrooms and a range of amenities including restaurants and bars, a heated outdoor pool and hot tub, 9,000 square feet of ocean-view meeting ...
