California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Equinox Hospitality Makes Marin County Acquisition
Equinox Hospitality has acquired the Four Points by Sheraton San Rafael Marin County for $38 million. The acquisition marks Equinox’s fifth addition to its hotel portfolio in the past year.
The new owner plans to unlock the property’s potential through a thorough renovation and strategic rebranding. The hotel will soon align itself with the growing portfolio of Tribute by Marriott, with renovation plans kicking off next year.
“Having acquired five unique properties and executed more than $100 million in hotel deal volume in the past year, Equinox is on a determined expansion path,” said Adam Suleman, principal of San Francisco-based Equinox.
Regarding the latest acquisition, Suleman said, “The property’s strategic location — being at the heart of key sites in Marin, in proximity to San Francisco and Wine Country, and next door to a billion-dollar retail and development zone — lends itself to a wealth of opportunities.”
- ◦Sale/Acquisition

