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The Kor Group Acquires 250-Room Custom Hotel with Goldman, Sachs & Co. LLC

The Kor Group | August 31, 2017

LOS ANGELES, CALIFORNIA (August 31, 2017) – The Kor Group is proud to announce that it has acquired Custom Hotel in a joint venture with the Merchant Banking Division of Goldman, Sachs & Co. LLC, solidifying their continued partnership. In addition to Custom Hotel, Goldman, Sachs & Co. LLC is also the lead capital partner on The Kor Group's Austin Proper Hotel & Residences and Santa Monica Proper Hotel, both of which are under construction and opening in early 2019. The 250-room Custom Hotel is the only lifestyle boutique hotel near Playa Vista and Los Angeles International Airport (LAX), and will be managed by Proper ...

Proper Hospitality and The Kor Group Plan Summer Opening of Flagship 131-Room San Francisco Proper Hotel

Proper Hospitality | June 30, 2017

San Francisco, CA (June 30, 2017) – San Francisco is a frontier city, perpetually on the edge and always looking forward. This is where the gold rushes, Ginsberg Howls, consciousness expands, love is legal, and young CEOs invent change. Now, the pioneers that converge in this 'Paris of the West' have another thing to look forward to: A 'Proper' Hotel. And the timing couldn't be better. This summer, a beloved flatiron hotel building on the corner of 7th and Market will be reborn as San Francisco Proper Hotel, the first injection of true luxury lifestyle hospitality into the city in over a decade. Once a hideaway for high society at...

The Kor Group Developing 271-Room Santa Monica Proper Hotel with Alex Gorby and Goldman, Sachs & Co.

The Kor Group | October 17, 2016

LOS ANGELES, CALIFORNIA (October 17, 2016) – The Kor Group is proud to announce that it has begun construction on the luxury lifestyle hotel, Santa Monica Proper, which they are developing with long-time landowner Alex Gorby and the Merchant Banking Division of Goldman, Sachs & Co. Slated to open in Winter 2018/2019, Santa Monica Proper Hotel is The Kor Group's second partnership with Goldman, Sachs & Co, who is also the lead capital partner on The Kor Group's Austin Proper Hotel & Residences, which is also under construction. The 271-room hotel, located blocks from the Pacific Ocean along Wilshire Boulevard in vibrant...

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