From Middle East to 90210: Offshore buyers snap up 2 boutique hotels in Beverly Hills

by TRD Staff

A joint venture from the Middle East has purchased two boutique hotels in Beverly Hills for an undisclosed price. Malta-based Corinthia Group and Kuwait-based Action Real Estate bought the 44-room Maison 140 at 140 South Lasky Drive and the 49-room Mosaic Hotel at 125 South Spalding Drive, the Los Angeles Business Journal reported. The seller, […]This article originally appeared on The Real Deal. Click here to read the full story.

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