Acquisition marks Ohana’s first hotel in the Pacific Northwest as a part of its broader strategy to obtain full-service hotels and resorts throughout North America.
REDWOOD CITY, Calif. (Dec. 16, 2024)—Ohana Real Estate Investors (“Ohana”), a vertically integrated investment firm, announced today the acquisition of Hyatt Regency Lake Washington, a 347-key full-service waterfront hotel in Renton, Wash., located near Seattle. This acquisition marks Ohana’s first hotel in the Pacific Northwest.
Situated on the shores of Lake Washington, Hyatt Regency Lake Washington is an ideal destination for both business and leisure travelers alike, showcasing the natural beauty of the Pacific Northwest yet located just a short drive from Seattle. Recently honored with the AAA Four Diamond and Best of Housekeeping awards, the waterfront hotel offers convenient access to Sea-Tac International Airport, downtown Seattle, Bellevue, Mount Rainier National Park and Gene Coulon Memorial Beach Park, as well as a variety of amenities to explore Seattle’s Southport.
“Hyatt Regency Lake Washington epitomizes what we look for in a full-service hotel acquisition — high quality real estate in a great location, with a dedication to delivering exceptional service,” said Eddie Yu, Managing Director of Investments at Ohana. “We are excited to continue our long-standing partnership with Hyatt as well as invest in properties that positively affect their communities and regions.”
Ohana continues to distinguish itself as a proactive investor in the hospitality and residential sectors, focusing on both credit opportunities and strategic property acquisitions. Leveraging its extensive network and industry relationships, Ohana aims to source and acquire investments with inherent potential to enhance their value through operational improvements and capital investments.
About Ohana Real Estate Investors
Ohana Real Estate Investors (Ohana) is a vertically integrated real estate investment firm with expertise in the hospitality and residential sectors, focusing on urban and resort markets throughout North America. Founded in 2009, Ohana invests across the capital structure through dedicated equity and credit fund strategies and currently manages approximately $3 billion on behalf of a global investor base, including university endowments, foundations, and family offices. For more information, please visit ohanare.com.
About Hyatt Regency
The Hyatt Regency brand is a global collection of hotels and resorts found in more than 230 locations in over 40 countries around the world. The depth and breadth of this diverse portfolio, from expansive resorts to urban city centers, is a testament to the brand’s evolutionary spirit. For more than 50 years, the Hyatt Regency brand has championed fresh perspectives and enriching experiences, while its forward-thinking philosophy provides guests with inviting spaces that bring people together and foster a spirit of community. As a hospitality original, Hyatt Regency hotels and resorts are founded on openness—our colleagues consistently serve with open minds and open hearts to deliver unforgettable celebrations, effortless relaxation and notable culinary experiences alongside expert meetings and technology-enabled collaboration. The brand prides itself on an everlasting reputation for insightful care—one that welcomes all people across all countries and cultures, generation after generation. For more information, please visit hyattregency.com. Follow @HyattRegency on Facebook, Twitter and Instagram, and tag photos with #HyattRegency.