November 28, 2022
Loading...
You are here:  Home  >  Destinations  >  Current Article

Ritz-Carlton Bacara sold as part of $3.8B deal

IN THIS ARTICLE

The Ritz-Carlton Bacara Santa Barbara, on the Goleta coast (file photo) The Ritz-Carlton Bacara Santa Barbara is among 25 hotels in a portfolio being sold by Watermark Lodging Trust to private real estate funds managed by Brookfield Asset Management. Toronto-based Brookfield will pay $3.8 billion in an all-cash transaction to acquire the assets of Watermark,…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.