Ohana Real Estate Investors has recently purchased the Hyatt Regency Lake Washington, a full-service waterfront hotel with 347 rooms in Renton, Washington. This acquisition marks Ohana’s first venture into the Pacific Northwest region.
According to Eddie Yu, Managing Director of Investments at Ohana, “The Hyatt Regency Lake Washington perfectly aligns with our criteria for acquiring full-service hotels – prime real estate in an ideal location and a commitment to providing exceptional service.” He also expressed excitement about continuing their partnership with Hyatt and investing in properties that positively impact their communities.
Located near Seattle, this waterfront hotel offers easy access to Sea-Tac International Airport as well as popular destinations like downtown Seattle and Mount Rainier National Park. Guests can also explore the surrounding area through various amenities offered by Seattle’s Southport. The property boasts 60,000 square feet of indoor and outdoor event space along with fine dining options and a comprehensive health and wellness suite. Additionally, guests have direct access to Gene Coulon Memorial Beach Park from the hotel premises.
Overall,the acquisition of Hyatt Regency Lake Washington is another successful investment for Ohana Real Estate Investors that will benefit both travelers visiting Renton as well as the local community.