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Irvine Company Sells Irvine Hotel for $135 Million

Summary by The Real Deal
Hyatt’s Mark Hoplamazian with 17900 Jamboree Road (Hyatt Hotels, Trip.com)Orange County’s largest landlord has sold the largest hotel in Irvine for $135 million.The Irvine Company, based in Newport Beach, sold the 541-room Hotel Irvine at 17900 Jamboree Road, the Orange County Business Journal reported. The buyer was Hyatt Hotels, based in Chicago.The deal for the 14-story property, two years after it closed because of the pandemic, comes out to…
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The Real Deal broke the news in New York, United States on Friday, August 19, 2022.
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