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Home » The Hilton Anaheim Is Reported To Be Sold Sources Say Makar Tops the Bidding
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The Hilton Anaheim Is Reported To Be Sold Sources Say Makar Tops the Bidding

By Hotel BusinessMarch 31, 20071 Min Read
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Anaheim, CA==The Hilton Anaheim, the largest hotel in Southern California, is being sold to Newport Beach-based Makar Properties LLC, according to published reports. Terms of the sale, expected to be announced soon, werent available. Based on recent hotel sales, the Hilton Anaheim sale is estimated to be in the neighborhood of $300 million or more. Makar developed and runs the St. Regis Monarch Beach Resort & Spa in Dana Point and is redeveloping the Wyndham Orange County in Costa Mesa to include condominiums at the hotel. The Hilton Anaheim, next to the Anaheim Convention Center, counts 1,572 rooms, the most in Southern California. The hotel also attracts tourists visiting nearby Disneyland. Stanwill Cos., headed by Anaheims Stan Castleton, had owned the hotel. Castleton developed the St. Regis Resort and Residences at Deer Crest in Park City, Utah.

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