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Hong Kong Foreign Investments Southern California

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February 17, 1996 | EVELYN IRITANI, TIMES STAFF WRITER
A high-powered Hong Kong consortium that once bailed out Donald Trump has bought a piece of Southern California history, the posh Regent Beverly Wilshire Hotel, for about $100 million. Thursday's purchase of the Beverly Hills icon, whose banquet halls and luxury suites have attracted visiting royalty and Hollywood celebrities for decades, marks yet another fire sale of a piece of "trophy" real estate by unlucky Japanese investors. Sources said the buyers, B.W. Hotel L.L.C.
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NEWS
February 17, 1996 | EVELYN IRITANI, TIMES STAFF WRITER
A high-powered Hong Kong consortium that once bailed out Donald Trump has bought a piece of Southern California history, the posh Regent Beverly Wilshire Hotel, for about $100 million. Thursday's purchase of the Beverly Hills icon, whose banquet halls and luxury suites have attracted visiting royalty and Hollywood celebrities for decades, marks yet another fire sale of a piece of "trophy" real estate by unlucky Japanese investors. Sources said the buyers, B.W. Hotel L.L.C.
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