Dana Point landmark Ritz-Carlton, Laguna Niguel resort sells for $600 million
One of Southern California's premier seaside resorts, the Ritz-Carlton, Laguna Niguel, has been sold for an estimated $600 million as the top end of the state's hotel market continues to thrive.
The reported sale of this Dana Point resort is a reminder to keep a specific transaction in its own market segment. My take: a luxury-hotel headline should prompt better questions, not become a shortcut to conclusions about every property. The power move: use the news to learn, write down what you still need to understand, and turn that learning into a concrete next step. — Eric Lawrence Frazier, MBA, Your Trusted Advisor in Business and Wealth
Opinion and commentary; not legal, tax, investment or lending advice; not an offer or commitment to lend. Facts come from the cited source. CA DRE 01143484 · NMLS 461807.
