Hyatt Regency Lake Washington Hotel in Renton, Washington Sold

Ohana Real Estate Investors, an investment firm, has announced their acquisition of Hyatt Regency Lake Washington. This marks the company’s first hotel purchase in the Pacific Northwest. The Hyatt Regency Lake Washington, located in Renton, Washington, is a 347-room waterfront hotel close to Seattle.

The location makes it a prime destination for both business and leisure travel. Besides its natural beauty and proximity to Seattle, the hotel offers easy access to Sea-Tac International Airport, downtown Seattle, Bellevue, Mount Rainier National Park, and Gene Coulon Memorial Beach Park. The hotel recently received the AAA Four Diamond and Best of Housekeeping awards.

Eddie Yu, Managing Director of Investments at Ohana, expressed enthusiasm about the acquisition, highlighting the hotel’s excellent location, high-quality real estate, and commitment to exceptional service. The property features 60,000 square feet of indoor and outdoor event space, a restaurant, a comprehensive health and wellness suite that includes a 24-hour gym and a full-service spa, and direct access to Gene Coulon Memorial Beach Park.

Ohana Real Estate Investors is known for its proactive investments in the hospitality and residential sectors. It focuses on credit opportunities and strategic property acquisitions, aiming to enhance value through operational improvements and capital investments.