carey watermark investors 2 incorporated
Bacara Resort & Spa in Santa Barbara, California Acquired by Carey Watermark Investors and Carey Watermark Investors 2
Carey Watermark Investors | October 2, 2017
NEW YORK, Oct. 2, 2017-- Carey Watermark Investors Incorporated (CWI 1) and Carey Watermark Investors 2 Incorporated (CWI 2), two non-traded real estate investment trusts (REITs) that invest in lodging and lodging-related properties, announced that they have acquired Bacara Resort & Spa. Strategically located on 78 oceanfront acres in close proximity to Santa Barbara and the Santa Ynez Valley wineries, the irreplaceable 358-key resort is one of a limited number of luxury oceanfront resorts on the California coast. Key Facts Extensively renovated, luxury oceanfront resort: The property recently completed a four year renovation tota...
Carey Watermark Investors 2 Completes $154 Million Acquisition of San Jose Marriott
Carey Watermark Investors 2? | July 14, 2016
NEW YORK, July 14, 2016 -- Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the San Jose Marriott. The recently renovated hotel includes 510 guestrooms and is located in downtown San Jose, CA, one of Silicon Valley's strongest lodging markets. The acquisition price was $154 million ($302,000 per key) and has been financed with $88 million of senior debt. Key Facts Recently renovated, high-quality asset: The high-quality 27-story hotel was built in 2004 and is located in a prominent area o...
Carey Watermark Investors 2 Inc. Plans to Acquire up to $1.4 billion in Lodging & Related Properties
Carey Watermark Investors 2 Incorporated | February 27, 2015
NEW YORK, Feb. 26, 2015 -- Carey Watermark Investors 2 Incorporated ("CWI 2") announced today that its registration statement has been declared effective by the Securities and Exchange Commission ("SEC") and that it has commenced a capital raise of up to $1.4 billion. CWI 2 intends to use the proceeds from its offering to acquire a diversified portfolio of lodging and lodging related properties. Lodging properties acquired may include: full-service branded hotels located in urban settings, resort properties, high-end independent urban and boutique hotels, select-service hotels and mixed-use projects with non-lodging components. CWI 2 wi...
