Sectors
Foley & Lardner LLP represented AWH in the acquisition of the 122-key, all-suite Hotel Trio Healdsburg in Healdsburg, California, a soft-branded Residence Inn and the only Marriott-branded property in northern Sonoma County.
Since opening in 2018, Hotel Trio Healdsburg has become the second largest hotel in Healdsburg and a leading upscale, extended-stay offering in one of the country’s most affluent leisure destinations. Upon closing, the hotel will be operated by Spire Hospitality, a wholly owned subsidiary of AWH.
The transaction marks the first acquisition for AWH’s newly launched Strategic Income Fund and only the second major acquisition by AWH since June 2022, on which Foley also advised AWH. This strategic pace underscores AWH’s disciplined investment strategy, fueled by its data-driven, AI-supported research platform which leverages more than fifteen years of investment and market data to identify high-quality assets in premium submarkets.
The Foley real estate and hospitality team was led by partner James Zimmer with support from partner Pamela Brown, senior counsel Richard Guyer, and associate Max Atchity.
