A Florida asset manager provided some $66 million in financing to back the building of a new Marriott-branded Moxy hotel in Silicon Valley as investors bet on continued momentum for the recovery of the hospitality industry in the San Francisco Bay Area.
Hotel planned near Meta headquarters in Silicon Valley lands construction financing
163-room property slated to open in 2028
CoStar News
March 5, 2026 | 3:14 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- MOXY Menlo Park
3723 Haven Ave, Menlo Park, CA
- Companies
- Nexera Capital
Accommodation and Food Services
- Titan Management Group Llc
Real Estate