sbe Sells SLS Beverly Hills in California to Sunrider International

sbe | May 5, 2015

LOS ANGELES, May 5, 2015 -- sbe, the Los Angeles-based creative hospitality company that develops, manages and operates award-winning hotels, restaurants and nightlife, announced today the sale of one of its portfolio assets, SLS Beverly Hills, to Sunrider International, a family-owned health and beauty company. Keeping in line with sbe's current growth strategy of focusing on long-term brand management and operating agreements, the hotel's ownership group (which included sbe and the Nazarian family) seized the opportunity to sell its flagship SLS property in an expanding market while remaining onboard as the brand operator. "The sale o...