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'Rosslyn Million-Dollar Fireproof Hotel' Trades for $24.5M

JV To Convert 12-Story Property Into Affordable Housing Development
By Dean Buenaventura
November 15, 2007 | 4:58 AM

Rosslyn Lofts Housing Partners LP, a partnership between Buxbaum Group and The Amerland Group LLC, purchased the 12-story, 268-room Rosslyn Hotel at 101 W. Fifth St. in downtown Los Angeles, CA, from The Triumph Cos. for $24.5 million, or approximately $91,418 per room.

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