The world-renowned Fairmont San Francisco Hotel atop Nob Hill has been sold to a consortium led by an affiliate of Oaktree Capital Management, LP, and real estate investor Michael Rosenfeld and Woodridge Capital Partners, LLC. The hotel was purchased from Maritz, Wolff & Co., which acquired its investment in the hotel in 1998, in partnership with Kingdom Holding Company, which is retaining its interest.
Fairmont Hotels & Resorts®, based in Toronto, Canada, will continue to manage the hotel. The Fairmont San Francisco opened in 1907. Over its 105-year history, it has been home to many “firsts,” from the drafting of the United Nations Charter to
Tony Bennett’s premiere of the song “I Left My Heart in San Francisco.” The Fairmont was home to America’s first concierge and has served as the San Francisco residence for U.S. presidents, world leaders and entertainment stars.
With 591 guest rooms and suites, and over 55,000 square feet of conference and function space, the hotel is renowned for its three restaurants and lounges. Its location at 950 Mason Street offers spectacular views of the city and the Bay, and is the only spot in San Francisco where each of the city’s cable car lines meet.
Mason Street Associates, LLC
Theresa Fair Oelrichs & Virginia Fair Vanderbilt; Herbert & Hartland Law
James W. and Merritt J. Reid; Ira Wilson Hoover; Julia Morgan
- Title Insurance:
Stewart Title Guaranty Company, National Title Services, San Francisco, California
Senior Vice President,
Senior Underwriting Counsel, Manager
Senior Underwriting Counsel
Stewart Title of California