SAN FRANCISCO—Woodridge Capital Partners acquired the Stanford Court Hotel here.
Located at 905 California St. atop Nob Hill in San Francisco, the hotel features 393 luxury rooms and 31 suites. Woodridge now control all three Nob Hill hotels, having purchased the Fairmont San Francisco in May 2012 and the Mark Hopkins in February 2014, both in partnership with Oaktree Capital Management.
Michael Rosenfeld, CEO of Los Angeles-based Woodridge Capital Partners, commented, “We are honored to have the opportunity to continue to invest in San Francisco with its rich history. This is the perfect assemblage of three of the world’s finest hotels in an incomparable location. We continue to see San Francisco as an incredibly strong luxury hotel market with tremendous appeal for business travelers, conventions and leisure visitors.”
The hotel is operated by Highgate Holdings, which will continue to provide management.