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7/29/25
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An affiliate of Seaview Investors LLC has obtained a $55 mil refi loan on Burton House Beverly Hills, a 186-room, full-service hotel in West Los Angeles. The property is located at 1177 South Beverly Dr, on the northeast corner of Beverly and Pico Blvd at the southern gateway to Beverly Hills.
Seaview, which has been an investment partner in the hotel since 2003, recently completed a transformative $13.7 mil renovation as part of a repositioning under Marriott’s Tribute Portfolio Hotels & Resorts brand. Improvements included the redesign of the guestrooms, the development of the Emerald Lounge, a new dining and social concept, updated entrances, revamped lobby, new fitness center and a 1.1k sf yoga and Pilates studio.
The refinancing was provided by Mesa West Capital. It provides the sponsor, a privately held hotel investment firm based in Newport Beach, time to continue driving operating performance under the new brand and to compete with other luxury hotels in the Beverly Hills market, according to Joshua Westerberg, who heads Mesa West’s West Coast Origination team out of the private lender’s San Francisco office.
“The Burton House is already establishing itself within the market as it leverages the upgraded offerings and guest experience, the Marriott brand and its prime location,” said Westerberg. “This is evidenced by significant increases in both net operating income and occupancy since renovations were completed.”
The long-term hotel outlook for Los Angeles, which is already one of the world’s leading destinations for leisure travelers, is further underpinned by upcoming global events including the 2026 FIFA World Cup, 2026 NBA All Star Game, 2027 Super Bowl and the 2028 Olympics, which should further drive revenue per available room (RevPAR) gains, according to Westerberg.
Industry-wide, the hospitality sector has recovered to pre-pandemic levels with luxury and upper-scale hotels outperforming other classes, according to an MMCG Invest April 2025 report “US Hospitality Market Outlook 2025: Performance, Investment Trends, and Opportunities.” As the report notes, in early 2025, RevPAR for luxury-tier hotels grew about 4.2% year-over-year, outpacing the 1.9% RevPAR growth in the economy segment for the same period.
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