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Cornerstone Lands Laguna Cliffs Marriott Resort for $194M

Twenty-Plus Offers Fielded for Seaside California Hotel & Resort
By Andrew C. Burr
November 8, 2007 | 3:38 AM

An institutional client of Cornerstone Real Estate Advisers has grabbed the stately Laguna Cliffs Marriott Resort & Spa in Dana Point, CA, for $194 million, or a tad more than a half-million dollars per key, CoStar has confirmed.

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News | Cornerstone Lands Laguna Cliffs Marriott Resort for $194M