SpringHill Suites in Atascadero sells for $25 million 

From Rebusiness Online

–A Korean investment firm recently acquired the 130-room SpringHill Suites Paso Robles Atascadero in Central California for $25 million, according to a report by Rebusiness Online The hotel is located at 900 El Camino Real in the Paso Robles wine region.

The four-story property opened in 2015. This is the new owner’s second U.S. investment. The group was attracted to the hotel’s location near the Central Coast and the emerging Paso Robles wine industry.

Hunter Hotel Advisors represented the seller, an affiliate of J Street Hospitality, in this transaction.

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News staff of the A-Town Daily News wrote and edited this article from local contributors and press releases. Scott Brennan is the publisher of this newspaper and founder of Access Publishing. Connect with him on Google+, Twitter, LinkedIn, or follow his blog. He can be reached at [email protected].