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| Thomas Morone |
LOS ANGELES, CA —Warnick + Company announced it has
been appointed asset manager of two Los Angeles hotels, the 500-room Torrance
Marriott South Bay and the 1,000-room Los Angeles Airport Marriott,
by XLD Limited, the U.S. subsidiary of Sichuan Xinglida Group Enterprises Co.,
a China-based real estate investor.
“Having represented ownership throughout the acquisition
process by providing due diligence and investment underwriting, it is
especially gratifying to be selected to provide ongoing advisory and asset
management services for these two spectacular hotels,” said Thomas Morone,
managing partner of Warnick + Company’s L.A. offices.
“XLD are smart,
successful, savvy investors, and we are actively involved with them discussing
upcoming renovation plans to improve the overall guest experience, including a
'great room' style lobby for the Torrance property and an expanded club lounge
at LAX.”
Located at 3635 Fashion Way in the South Bay region of Los
Angeles County, the Torrance Marriott South Bay is adjacent to the new
Nordstrom’s.
For a complete copy
of the company’s news release, please contact:
Chris Daly
Daly Gray
(703) 435-6293
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