Ace in the Hole? Downtown Hotel Listed for Sale
Less than a year after opening its doors, the Ace Hotel Los Angeles in downtown L.A.’s Broadway Theater District is on the market.
The 182-room hotel at 929 S. Broadway opened in January and quickly became a popular hipster hangout. Chicago landlord Greenfield Partners is said to be seeking $550,000 per guest room, or approximately $100 million, for the property.
The hotel is being marketed Read more [...]