Hotel Figueroa

Los Angeles, CA

Acquired this 285-room hotel constructed in 1925 located in downtown Los Angeles near the LA Live/Staples Center entertainment district. Hotel is undergoing an extensive renovation of the rooms, nightlife venues, restaurant and bars, and outdoor patio and pool areas. Renovations will result in positioning the hotel as a 5-star luxury urban lifestyle boutique offering exceptional food, beverage and nightlife venues. The hotel has been designated a Leading Hotel of the World and been named by Forbes as one of the Top Ten Luxury Hotels in the World opening in 2017.