Luxury fashion brand Chrome Hearts, owned by Richard and Laurie Stark, purchased a small Malibu hotel called the Surfrider for $37.5 million to notch one of California’s priciest per-key deals ever, The Real Deal has learned, and the priciest all year. That comes to about $1.9 million a room, just shy of Qatar-backed Maybourne Hotel Group’s Montage Beverly Hills more than $400 million buy, which set a California record at $2 million per room then. The oceanfront hotel, a “California beach house,” as it’s called, was owned by Dauntless Capital Partners, according to property records. The Marella Group brokered the […]
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