June 3, 2000 |
The Wyndham Checkers, a 188-room boutique hotel in downtown Los Angeles, was sold for an undisclosed price to an affiliate of Costa Mesa-based Tarsadia Hotels, according to broker Grubb & Ellis. The 73-year-old hotel on Grand Avenue will remain part of the Wyndham chain, but it will be managed by the new owners. Checkers was sold by Dallas-based Grand Avenue Partners, which purchased the property in 1994 from Sumitomo Bank.
September 3, 1996 |
Hotelier Tushar Patel has expanded his California holdings once again--and now he's setting his sights on Las Vegas. The Costa Mesa businessman says he expects next month to complete the purchase of the Bourbon Street Hotel & Casino, a 200-room hotel and gaming facility a block from the storied Vegas Strip. It's Patel's first venture outside the familiar Southern California market, where he now owns 14 hotels in partnership with family members.
December 19, 1998 |
Plaza Alicante, the Garden Grove hotel and office complex developed by the late "credit dentist" Dr. Robert F. Beauchamp, is getting a new owner and a face lift. Newport Beach-based Gatway Properties is selling the project to an affiliate of Tarsadia Hotels, the companies said Friday. Costa Mesa-based Tarsadia said it to plans to spend $25 million to convert the virtually empty 200,000-square-foot office building into a 279-room all-suites hotel.
June 4, 1999 |
New Anaheim Marriott owner Tarsadia Hotels said Thursday that it will spend $15 million over the next two years to renovate the 1,033-room convention hotel. Costa Mesa-based Tarsadia now has 2,200 rooms in the Anaheim Convention Center/Disneyland area and more than 1,000 under development, plus additional holdings elsewhere in the Orange County, San Diego, Los Angeles and San Francisco areas. Marriott International will continue to manage the Anaheim hotel, which Tarsadia bought for $75.
April 29, 1999 |
Orange County hotelier Tushar Patel, who lost a high-profile bidding war with Walt Disney Co. for Anaheim's Grand Hotel in 1996, is close to purchasing the far bigger Anaheim Marriott hotel, sources familiar with the transaction said Wednesday.
August 4, 1997
* Bob Kaplan has joined Tarsadia Hotels in Costa Mesa as vice president, real estate. Kaplan was formerly vice president of the hospitality properties group of John Burnham & Co. in San Diego. * Trish Bartel has been named director of business development for Irvine Medical Center. She was formerly director of business development for Chapman Medical Center in Orange. * Jack Mervis has been appointed chief operating officer of Raygal Inc.