Viceroy Palm Springs
Palm Springs, CA

• Description:
  
  Acquisition of former Estrella Inn, a low rise hotel in Palm Springs. Renovated Estrella into a 73 unit destination resort with spa, restaurant and bar.  Subsequently acquired and incorporated the adjacent La Serna, containing 11 free-standing villas and 16 guest rooms.
  
  
• Acquired: December, 2000
  
  
• Status: Stabilized