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Transactions - APRIL 29, 2021

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Ohana Real Estate Investor sells luxury hotel for $265m

by Released

Ohana Real Estate Investors has sold the 130-room Montage Healdsburg to Sunstone Hotel Investors, Inc. for $265 million. Ohana will retain ownership of the residential parcels within the property and has already begun constructing homes and selling custom homesites that will be affiliated with the resort.

Montage Healdsburg is a newly-built, 258-acre resort situated in the heart of California’s wine country in Sonoma County, located just a short distance from downtown Healdsburg. Designed using sustainable development practices, the environmentally friendly resort sits lightly within a hillside setting so as not to disturb the area’s natural landscape. The resort’s amenities feature multiple pools, a full-service spa and indoor-outdoor dining options, including a multi-level main restaurant and outdoor bar and grill overlooking the resort’s vineyards.

“This sale reflects the strong interest from investors in best-in-class, leisure-oriented resorts as the hote

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