An Unnamed Chinese Buys Sheraton Gateway Hotel in LA

choi

Roger Vincent, Sheraton Gateway hotel is sold; A Chinese real estate developer buys the 15-story inn next to Los Angeles International Airport for $96 million.
www.latimes.com/business/la-fi-sheraton-gateway-sold-20131212,0,7098646.story
(Built in 1980 at 6101 W Century Blvd, the 802-room Sheraton Gateway is sold to China's Hazens Investment, its first purchase in US. The deal falls on the heels of the recent [a month ago, in November] sale of the 487-room Torrance Marriott South Bay, for $74 million, to another Chinese property developer Sichuan Xinglida Group Enterprises Co 四川兴力达集团实业有限公司)

Note: Hazens Investment LLC (limited liability company), based in City of Industry, California, is a front, whose investor (so far unnamed) is said to be from Shenzhen.