December 11, 2017 Comments Off on Brighton Management Buys 150-room Hyatt Place in Vista for $27M Views: 2016 California News, San Diego

Brighton Management Buys 150-room Hyatt Place in Vista for $27M

An affiliate of Irvine, CA-based CoreCapital sold the 150-room Hyatt Place San Diego/Vista-Carlsbad hotel at 2645 South Melrose Dr. in Vista, CA for $27 million. Newport Beach, CA-based Brighton Management, the self-represented buyer, will also manage the hotel.

The four-story hotel opened in 2012, and offers roughly 1,200 square feet of meeting space, and provides food and beverage service through its 24-hour guest kitchen, Gallery Market and Bakery Café.

CBRE Hotels’ Rod Apodaca and Bob Kaplan acted as exclusive agents for the sellers.

“Vista/Carlsbad is an underappreciated market, and the hotel’s location, desirable brand, quality construction/design and upside potential made it an exceptional acquisition opportunity,” said Apodaca.

Connect With Brighton Management

Connect With CBRE Hotels’ Apodaca

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Tags: ,

Comments are closed.