A chic Los Angeles hotel located where Beverly Hills meets West Hollywood is on the market. The SLS Beverly Hills at 465 La Cienega Boulevard, owned by Sunrider International and brainchild of hotel and nightclub mogul Sam Nazarian, could trade for more than $200 million, according to Green Street. But that wouldn’t be much more than the $195 million family-owned Sunrider purchased the luxe hotel from Nazarian’s company SBE (which Nazarian no longer owns) a decade ago. The price looks lighter considering it underwent a $22 million renovation under Sunrider’s ownership. A $200 million deal at 297 rooms, some of […]
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