US-based hotel management, investment and development company Highgate has partnered with California-based luxury resorts, commercial real estate and hotel properties provider Flynn Properties to acquire The Huntington Hotel, located in San Francisco's Nob Hill neighborhood, the company said.
Terms of the transaction were not disclosed.
Together, Highgate and Flynn Properties intend to restore and elevate every aspect of The Huntington Hotel to the very highest standard, returning it to its original glory while reestablishing it as the single finest luxury hotel in San Francisco.
The Huntington Hotel is the latest addition to Highgate's growing luxury and lifestyle division, which includes over 7,500 keys with 2,100 keys under development.
Flynn Properties Inc. invests in commercial and hospitality real estate.
Highgate is a real estate investment and hospitality management company with over USD20 bn of assets under management.
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