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RANCHO SANTA FE, CALIF. — Steve Hermann Hotels has sold The Inn at Rancho Santa Fe, an 85-room luxury boutique resort in Rancho Santa Fe, a northern suburb of San Diego. An institutional investment fund purchased the asset for $100 million.
The resort is currently undergoing a comprehensive renovation and should be fully operational by the end of this year.
Sonnenblick-Eichner Company represented the seller.