East Bay hotel at is bought for one-fourth prior price as lodging market wobbles

OAKLAND – An Oakland hotel has been bought at a price that suggests the high-profile property’s value has nosedived since the end of the coronavirus outbreak. Courtyard Oakland Downtown, a Marriott brand, was bought for $10.6 million, according to documents filed on Oct. 2 with the Alameda County Recorder’s Office.

Story continues

TRENDING NOW

LATEST LOCAL NEWS