the claremont
The Claremont to Reopen in Maine Following Acquisition and Renovation
The Claremont | May 24, 2021
SOUTHWEST HARBOR, ME (May 2021) — A New England grande dame ideally situated at the mouth of Somes Sound with easy access to Acadia National Park, The Claremont will welcome guests once again in May 2021 following an extensive transformation and under new ownership. One of Mount Desert Island’s most historic hotels, the six-acre shorefront property has provided a classic summer refuge to visitors seeking a quiet coastal respite dating back to 1884. The reimagined hotel will boast a total of 51 accommodations, including 12 cottages, four suites, a secluded three-bedroom waterfront haven and 34 guestrooms, an intimate spa, a heated swimming...
Thorofare Capital Funds $11.25M Loan for Acquisition of Historic Hotel in Los Angeles’ Westwood Village
Thorofare Capital | April 26, 2017
Los Angeles, CA (April 26, 2017) - Thorofare Capital has provided West Hollywood, CA-based Shamina Investments with a $11.25 million floating-rate whole loan for its acquisition and renovation of the 53-room Claremont Hotel Westwood in Los Angeles' upscale Westwood neighborhood. The Claremont is located at 1044 Tiverton Avenue in Westwood Village, an historic commercial, entertainment and shopping district, adjacent to UCLA in West Los Angeles. The seller, a local family, has owned the property since they built it in 1939. It was the first and currently remains the oldest hotel in Westwood. A portion of the loan proceeds will go towards...