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InterContinental Mark Hopkins hotel in San Francisco sells for $120M

A joint venture between funds controlled by Oaktree Capital Management and affiliates of Woodridge Capital Partners has acquired the InterContinental Mark Hopkins San Francisco hotel for $120 million. Seller InterContinental Hotels Group will retain management of the 383-room luxury property. Read American City Business Journals/San Francisco/Morning Call story here

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Commercial Construction & Renovation
The Official Networking Group
of CCR Magazine