Skip to main content
PLEASE NOTE: For everyone’s safety, Fasken requires anyone on-site at our Canadian offices to provide proof of full vaccination against COVID-19. This applies to lawyers, staff, clients, service providers and other visitors.
Client Work

Hazens Investment completes US$ 96 million acquisition of the Sheraton Gateway LAX

Fasken
Reading Time 1 minute read Subscribe
Client

Hazens Investment

In November 2013, Hazens Investment, LLC completed the purchase of the 800 room 15-storey Sheraton Gateway Los Angeles Hotel next to the Los Angeles International Airport for approximately US$ 96 million. It is the first major overseas acquisition for the Hazens Group, based in Shenzhen, China. The acquisition was led by the Canadian management team of Hazens Group in Vancouver. Hazens Investment was advised by Fasken Martineau with a team led by Edmond Luke and working with a local law firm in Los Angeles.

    Subscribe

    Receive email updates from our team

    Subscribe