Maxim Hotel Brokerage Announces Several California, Nevada, Arizona and Portfolio Hotel Closings

Maxim Hotel Brokerage | March 19, 2018

Newport Beach, CA – March 19, 2018 -- Maxim Hotel Brokerage is pleased to announce the sale of seven hotels and a casino in five separate transactions since December, 2017. 97-room Courtyard by Marriott Ventura Simi Valley, California; Maxim Hotel Brokerage represented the seller and original developer, Pacifica Madera LP. The purchaser was a Chinese owned, but locally based hotel management and ownership company. 120-room Fairfield Inn by Marriott Las Vegas Airport; Maxim represented the seller, Gan Eden LLC in the sale to a privately held ownership group. Twenty Four Seven Hotels will take over management. 490-room portfolio...