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Trigild Completes Receivership Sale of Hotel Portfolio for $21M

Excel Hotel Group Acquires Two Assets in Valencia
By Hubert Smith III
September 17, 2014 | 12:35 P.M.

Trigild Management Services, San-Diego-based receiver for the Best Western and Holiday Inn on Wayne Mills Pl. in Valencia, CA sold the two assets to Excel Hotel Group for $21 million, or about $88,000 per keycard. The buildings total approximately 115,000 square feet and have 238 rooms, combined. The Holiday Inn Express is located at 27513 Wayne Mills Place was delivered in 2002, while the Best Western Valenica is located at 27413 Wayne Mills Place was delivered in 1970.

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