Announcement: Acquisition of the Pier 2620 Hotel in San Francisco

As covered in BusinessInsider.com on April 18, 2018, “Platform Ventures, a Kansas City-based real estate private equity investment firm, has announced it has acquired the Pier 2620 Hotel project in downtown San Francisco. In connection with the purchase, it has entered into an agreement with a leading timeshare operator to convert the 233 room hotel into timeshare units. As part of the conversion, the hotel will undergo between $15 – $20 million of additional renovations.”

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