High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Hospitality  | 

Starwood Acquires CIM’s Newly-Developed WeHo Hotel

Los Angeles-based CIM Group sold the recently-completed, 286-key hotel developed as part of its roughly 500,000-square-foot, mixed-use Sunset La Cienega project in West Hollywood, CA. Starwood Capital Group acquired The Jeremy West Hollywood hotel property for an undisclosed amount.

The hotel includes two 10-story towers at Sunset and La Cienega Boulevards on the Sunset Strip. The property is set to open in August as The Jeremy Hotel. Over the course of the next year, the property will be transformed into the 1 West Hollywood. It will become the fourth property in the award-winning eco conscious, luxury sustainable brand created by the Greenwich, CT-based alternative investment firm.

The property features 50 suites, including two Penthouse Suites, a pool, fitness center, two large conference rooms and 10,000 square feet of meeting and event space, as well as a rooftop bar and lounge, a café, restaurant and lobby bar.

Read More News Stories About: Starwood Capital Group
Connect

Inside The Story

Connect With CIM GroupConnect With Starwood

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., 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, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action