Jul
13

Rubicon Sells LAX 596-Key Hotel Portfolio

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The company disposed of the 640-key Hacienda Hotel it purchased in 2013 and then converted it into two different branded hotels: the Aloft by Starwood and Fairfield by Marriott.

Rubicon Cos. disposed of a two-property, 596-room hotel portfolio comprising an Aloft and Fairfield Inn & Suites near Los Angeles International Airport in El Segundo, Calif. HFF marketed the property on behalf of the seller.

Located at 475 N. Sepulveda Blvd., the Aloft El Segundo – Los Angeles Airport features a 24-hour fitness center, pool, 1,000-square-foot meeting space, lounge and bar. Fairfield Inn & Suites Los Angeles LAX/El Segundo is located less than a block away from the 246-key Aloft at 525 North Sepulveda Blvd. The Marriott-branded Fairfield Inn contains 350 rooms and features an outdoor pool, fitness center and meeting space. Both properties are less than one mile from LAX and have easy access to Interstates 105 and 405. Downtown LA is 18 miles away…

Rubicon Sells LAX 596-Key Hotel Portfolio

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