L.A. Investor Buys Hotel Californian
From The Los Angeles Times:
L.A. Investor Buys Hotel Californian
The owner of the Hyatt Regency Century Plaza in Century City has purchased another landmark inn: the Hotel Californian in Santa Barbara. Los Angeles investor and developer Michael Rosenfeld said Wednesday that a partnership he heads would redevelop the historic hotel on Santa Barbara's waterfront. The Californian, which dates to the 1920s, has been closed for more than a decade. Click here for the full story.
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