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Ohana Sells Partial Stake in Waldorf Astoria Monarch Beach
Ohana Real Estate Investors has sold a partial ownership stake in the 400-key Waldorf Astoria Monarch Beach Resort & Club in Dana Point to the San Manuel Band of Mission Indians. Terms weren’t disclosed. San Manuel’s investment consists of an approximately 40% interest in the property with the option to increase its ownership through one or more future transactions.
“We are excited to join forces with San Manuel on this wonderful asset,” said G. Christopher Smith, founder and CEO of Ohana. “San Manuel and Ohana share a common vision for Waldorf Astoria Monarch Beach’s future, one where we will continue to elevate its world-class offerings while providing an unparalleled experience to our discerning guests.”
The property features 400 newly refreshed guest rooms and suites; an extensive array of dining options; Waldorf Astoria Spa & Salon, three pools; approximately 120,000 square feet of meeting and event space; an 18-hole championship golf course designed by Robert Trent Jones, Jr.; and an exclusive beach club with a beachfront indoor-outdoor bar and restaurant.
- ◦Sale/Acquisition


