Greens in the news.
Greens Group submitted updated plans for 'The Jeff,' a 147-room, five-story hotel with restaurant, coffee shop, and central courtyard at 11469 Jefferson Blvd. in Culver City near the 405 Freeway.
Greens Group sold a new construction Starbucks drive-thru in Riverside, California for $2.85 million, with Hanley Investment Group procuring an all-cash 1031 exchange buyer at 98% of list price.
Greens Development acquired the 202-key Hyatt Place Las Vegas for $24.6 million, located less than two miles from the Strip, with Hunter Hotel Advisors advising on the sale from Hospitality Investors Trust.
Greens Group sold a Pilot Flying J Travel Center in Jurupa Valley for $14 million, setting new nationwide records for highest sales price and lowest cap rate for a Pilot ground lease.
Greens Group's Verdant LaQuinta LLC plans to build a 125-room Hampton Inn on a 2.8-acre site at La Quinta Drive and Auto Centre Drive, approved by the La Quinta City Council.
Bishop Planning Commission approved Greens Development's 80-room Hampton Inn by Hilton, the first major hotel brand in Bishop, with groundbreaking expected winter 2024 along the Highway 395 corridor.
Thousand Oaks City Council unanimously approved Greens Group's 216-room, five-story Homewood Suites by Hilton at Janss Marketplace, the first hotel ever planned at the 60-year-old mall.
Greens Group acquired the Wingate by Wyndham near LAX in Inglewood for $23.7 million, a rare L.A. hotel transaction amid a market where California hotel sales dropped over 50% in the first half of 2023.
Greens Group purchased The Morgan, a 56-room boutique hotel, and a 100-room Motel 6 in San Simeon, with plans to renovate and upgrade both properties while preserving their coastal ambiance.
A profile of Greens Group CEO Atman Kadakia and the vertically integrated firm's Inland Empire growth, with 400 employees, 5 hotels built, 15 in development, and retail partners including In-N-Out and Starbucks.
Shopoff Realty sold a 2.8-acre hotel-entitled parcel in La Quinta for $1.32 million, positioned near Highway 111 in the Coachella Valley, for development of a select service or extended-stay hotel.
Greens Development proposed a 216-room, five-story dual-brand Homewood Suites and Home2 Suites by Hilton at Janss Marketplace in Thousand Oaks, seeking a height overlay to 75 feet at the 60-year-old mall.
Greens Group acquired the 141-room Holiday Inn in La Mesa, California with plans to convert the full-service property into a Holiday Inn Express with a multi-million-dollar renovation.
Greens Group opened the 140-room Hampton Inn by Hilton at 3505 Market St. in downtown Riverside, the area's first Hilton-branded hotel, featuring artistic touches including an interactive art piece by local artists.
Grand Terrace city leaders approved concept plans for Greens Group's $50 million Canal Square development, a nearly 5-acre mixed-use project featuring a hotel, restaurants, multi-family housing, and office space.
Greens Group plans to build a 120-room Home2 Suites by Hilton in San Bernardino's Hospitality Lane corridor, a $25 million project expected to generate over $500,000 annually in tax revenue.
Riverside City Council approved Greens Group's 161-room, seven-story Hilton Hotel at the former historic Downtown Fire Station No. 1, featuring adaptive reuse of the landmark and a second-level pool deck with downtown views.
Greens Group will transform Riverside's historic 1957 Downtown Fire Station on Mission Inn Avenue into a seven-story, 161-room Hilton Hotel in a $30 million adaptive-reuse project featuring an outdoor pool and bar.
Greens Group received City Council approval for a 112-room Hampton Inn and 147-room extended-stay hotel near the Riverside Convention Center, adding nearly 260 rooms to meet built-up demand from the expanded convention center.
Greens Group proposed a two-phase Hampton Inn and Home2 Suites by Hilton adding nearly 240 rooms to downtown Riverside, boosting capacity for the recently expanded $43 million Riverside Convention Center.
Greens Group is a privately held real estate development and hotel company built on a strong heritage of deep values. Greens Group has steadily grown its market presence by investing prudently, managing effectively, and operating efficiently. This year, Greens Group will celebrate its 30th year in business and continues to execute its vision of becoming one of the premier real estate developers and operators in America.