Increased construction costs and high interest rates are taking a toll on hotel construction in Los Angeles and the rest of the state. Los Angeles County still leads California in building new lodging, with 21 hotels and 2,329 rooms under construction the first half of the year, according to a mid-year report from Irvine-based Atlas Hospitality Group.
LOS ANGELES, May 22, 2023 - JLL Capital Markets announced that it arranged $36.8 million in construction financing for 550-566 E Colorado BLVD., a 194-key, six-story hotel development. | May 24, 2023
Article - JLL Capital Markets Sources Financing for New 194 Key Hotel Project in the Playhouse District of Pasadena, California - JLL Capital Markets announced that it arranged $36.8 million in construction financing for 550-566 E Colorado BLVD., a 194-key, six-story hotel development in the Playhouse District of Pasadena, California.
Medical Office Proposal Swapped For Hotel In Pasadena therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.