California + Hospitality | December 8, 2016

Mission Valley’s Landmark Crowne Plaza Hanalei Sold

San Diego-based Hanalei Associates LLC, with Multi-Ventures, Inc. as managing member, sold the 419-room Crowne Plaza Hanalei located in San Diego’s Mission Valley for reportedly more than $50 million. The seller was a private client of Diamond Bar, CA-based Brighton Management.

Situated on nearly 10 acres, the iconic Mission Valley landmark will continue under the Crowne Plaza flag with significant renovations and upgrades planned for the property. Hanalei Associates acquired the property for roughly $14.5 million in 1996.

CBRE Hotels’ Bob Kaplan and Rod Apodaca represented the seller. Brighton, which will manage the property, was self-represented.

Kaplan says, “I am very pleased we were able to secure a buyer who will continue the great Hanalei tradition of quality service and guest experience that this property has offered San Diego visitors for over 40 years.”

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With CBRE’s KaplanConnect With Brighton

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

Order Reprints