Skip navigation

Jones Lang LaSalle Hotels arranges hotel sale

LAGUNA BEACH, Calif. – Chicago-based Jones Lang LaSalle Hotels has arranged the sale of the oceanfront Inn at Laguna on behalf of Stamford, Conn.-based UBS Warburg LLC. Classic Hotels & Resorts, Phoenix, Ariz., bought the 70-room hotel for about $275,000 per room. Class Hotels & Resorts plans to renovate the hotel. Mark Weinstock, a partner in the real estate and global hospitality groups of Los Angeles-based Jeffer, Mangels, Butler and Marmaro LLP represented UBS Warburg LLC.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.