somera capital management
Kirkwood Collection Expands Into Santa Ynez Valley With Addition of The Ballard Inn
Kirkwood Collection | May 28, 2024
WEDNESDAY, MAY 28, 2024 – BEVERLY HILLS, CA- Kirkwood Collection, a luxury hotel brand renowned for its portfolio of historic boutique hotels in iconic California destinations, is thrilled to announce the newest addition to its collection: The Ballard Inn. This property marks Kirkwood’s first venture into the Santa Ynez Valley, a picturesque region in the heart of Santa Barbara Wine Country celebrated for its natural beauty, rich history, and world-class wines. The Ballard Inn joins Kirkwood’s existing boutique properties in Santa Barbara, Hideaway Santa Barbara, and Blue Sands Inn, further expanding their presence in the region. The B...
Somera Capital Management Acquires Quorum Hotels & Resorts
Quorum Hotels & Resorts | October 7, 2022
NEWPORT BEACH, Calif., Oct. 7, 2022-- Somera Capital Management, a California and D.C. based investment firm, announced today the formation of its latest partnership and the acquisition of Dallas-based hotel management company Quorum Hotels & Resorts. With more than a 20-year relationship between Somera and Quorum principals as the foundation, the acquisition presented a natural evolution. The purchase will not only provide a comprehensive management solution for Somera's current hotel assets, but also position the company for future growth as it seeks to capitalize on market conditions for both its investors and ...
Somera Capital Management Breaks Ground on the Inn at the Pier in Pismo Beach on the California Coast
Pacifica Hotels | February 24, 2016
Irvine, CA (February, 24, 2016) – Pacifica Hotels, the largest operator of boutique hotels on the California Coast, announced today the ground breaking of the highly anticipated Inn at the Pier in Pismo Beach. Located just steps from the famous Pismo Beach pier and boardwalk, Inn at the Pier is slated to open in early 2017 at 601 Cyprus Street in downtown Pismo. The owner and developer, Somera Capital Management, has retained Pacifica Hotels as the management company. The Inn at the Pier joins Pacifica Hotels' four other managed Pismo Beach hotels: Sandcastle Inn, Spyglass Inn, Cottage Inn, and The Tides Inn at the Pier will featu...
