Details Emerge for Hotel Sale Near New Intuit Dome

reprints


More details have surfaced — and are “making waves” — regarding the new ownership of the Lüm Hotel adjacent to the new home of the Los Angeles Clippers, which opened a couple of weeks ago. 

San Francisco-based investor Chartres Lodging Group put down $57.2 million for the hotel at 3900 West Century Boulevard in Inglewood, Calif., next door to the Intuit Dome and across the street from the L.A. Rams SoFi Stadium. L.A.-based developer Shomof Group sold the 179-key hotel, while Rod Apodaca of RJA Hotels was the listing broker. The deal was first reported last week. 

SEE ALSO: Universal Music Group’s HQ Sells for About $810 PSF in Santa Monica: Sources

Shomof in 2017 purchased the hotel, which was built in the 1960s, for $18 million, according to property records. Shomof Group founder and CEO Izek Shomof told Bisnow in 2022 that he had overhauled the hotel, complete with new rooms, gym, patios and a restaurant. 

Meanwhile, Chartres last month announced its own grand reopening of the hotel, following a period of more renovations it conducted on the property. Those renovations included further room updates, a resort-style outdoor swimming pool (with outdoor bar) and a rooftop terrace.

“We’ve created an environment where comfort meets modern design, all while being located by the world’s largest sports and entertainment venues,” Maki Nakamura Bara, president and co-founder of Chartres, said in a statement last month.

The 26-acre, 18,000-seat Intuit Dome officially opened its doors last month, and Chartres isn’t the only hotelier group trying to take advantage.

Earlier this year, L.A.-based developer Arya Group filed plans with the City of Inglewood to construct a 15-story, 174-room boutique hotel, also adjacent to the Intuit Dome. Arya Group’s founder, Ardeshir “Ardie” Tavangarian, is well known as a builder of luxury homes for L.A.’s most wealthy residents. 

Nick Trombola can be reached at ntrombola@commercialobserver.com.