PKF CAPITAL HANDLES $12.3 MILLION SHERATON SALE IN NO. CALIFORNIA

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PLEASANTON, CALIF. — PKF Capital San Francisco has arranged the $12.3 million sale of the 170-room Sheraton Hotel located in Pleasanton. Converted to a Sheraton Hotel from a Wyndham Garden Hotel in 2006, the property features meeting and banquet space, a restaurant and lounge, and a Link Business Center. PKF Capital’s Henry Bose and Mark McDermott represented the seller, a Southern California-based fund manager. The buyer was Pleasanton Lodging LP, a partnership involving principals from Sethi Enterprises and Kapoor Enterprises.

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