Oxford Capital Group buys Hollywood site for $16.5M, plans Godfrey brand hotel
Oxford paid $825,000 a square foot for the land
Source: The Real Deal
Chicago-based Oxford Capital Group, led by hotelier John Rutledge, just acquired an 11,845-square-foot Class C office at 1400 North Cahuenga Boulevard across the street from the Cinerama Dome in Hollywood.
More Recommended Articles
-
Morgans Investor Rambleside to Offer $507 Million for Hotels
Rambleside, owner of about 4 percent of Morgans stock, said it’s prepared to bid $313 million for Manhattan’s Hudson Hotel and $194 million for the Delano South Beach.
-
Blackstone to Acquire Strategic Hotels for $3.93 Billion
Transaction is valued at about $6 billion including debt
-
Las Cruces Convention Center expansion, hotel plan moving forward
The city and New Mexico State University are working on plans to expand the Las Cruces Convetion Center and built a hotel on adjacent property.
-
Goldman Said to Sell Hotels to Moody for $1.73 Billion
Moody National REIT Inc. is buying 149 limited-service hotels from the Goldman's Whitehall Street real estate unit.