Among
the noteworthy deals of the past week was EOS Investors’ acquisition of The
Barnes San Francisco, Tapestry Collection by Hilton.
SAN
FRANCISCO — New York City-based EOS Investors has acquired its third San
Francisco hotel in three years, according to a story in the San Francisco
Business Times.
EOS
Investors is acquiring the debt-distressed The Barnes San Francisco, Tapestry
Collection by Hilton in San Francisco from an affiliate of New York City-based
AWH Partners and San Francisco-based Roxborough Group for an undisclosed
amount.
The 189-key
hotel, formerly known as the Villa Florence, reopened in 2023 after extensive
renovations, but became at risk of foreclosure when its owners defaulted on a
$68 million loan late in 2024.
This would
be EOS Investors' third San Francisco hotel in three years, following its
acquisitions of two hotels in the Fisherman’s Wharf area from two REITs — the
221-key Hotel Zoe from Pebblebrook Hotel Trust for $68.5 million in 2023 and
the 316-key Hyatt Centric Fisherman’s Wharf from Park Hotels & Resorts for
$80 million in 2025.
To download
our list of deals from the past week in Excel format, click here.
Deals of the
Week is a weekly feature by Hotel Investment Today that publishes in our Friday
newsletter. Click here for previous deal compilations from earlier weeks.