Pillsbury Represents Seller of Estancia La Jolla Hotel & Spa in $108 Million Deal

A team of Pillsbury attorneys led by Christian Salaman and Eric Kremer in San Diego represented the seller. Other team members included Carrie Bonnington, Laura Latham, Michelle Mehok and Ryan Minarovich.

Located in the heart of La Jolla, the resort contains 210 guestrooms and suites and over 50,000 square feet of indoor and outdoor meeting and event space. The acquisition of Estancia brings the total number of properties in Pebblebrook’s portfolio to 53, including 11 unique drive-to, independent lifestyle resorts.

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Pillsbury’s Hotels & Hospitality practice, among the most distinguished in the U.S., advises clients worldwide on challenges arising at every stage of hotel and resort property ownership, development and operation. The practice focuses on all aspects of the industry—including condo-hotel, timeshare and mixed-use hotel/residential projects—and spanning the life cycle of hotel and hospitality-related projects. The firm’s clients include owners and operators, developers, investors and lenders.