Seaview Investors has received a $55 million injection to refinance a hotel in West Los Angeles. Los Angeles-based Mesa West Capital provided an affiliate of Seaview with the five-year, first-mortgage debt tied to the 186-room Burton House Beverly Hills, according to a press release from the lender. The hotel is just south of the Beverly Hills city limits at 1177 South Beverly Drive With the $55 million, Newport Beach-based Seaview will continue to power operations under the new Tribute brand and to compete with other luxury hotels in the Beverly Hills market, according to Joshua Westerberg, head of West Coast […]
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