11 August 2008
SLS Hotel at Beverly Hills Gets $33M in Preferred Equity from Lowe Enterprises Investors
Posted by John under: News .
As it nears the November opening of its luxury SLS Hotel at Beverly Hills, SBE has received $33 million in preferred equity from the Lowe Structured Investment Fund, a discretionary investment fund managed by Lowe Enterprises Investors. A source close to the deal told CPN that the total price tag is roughly $229 million, including acquisition and renovations.