54 F
Laguna Hills
Wednesday, Feb 21, 2024
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JON KLINE

Founder, CEO, Clearview Hotel Capital

WHY: Started firm that over past dozen years has acquired close to $2B of hotels containing over 10K rooms. Best-known property is 1,107-room Washington Hilton, site of the attempted assassination of President Ronald Reagan in 1981. Former Sunstone exec.

RECENT: In July bought Newport Beach Marriott Bayview for est. $78M. First investment in OC. Upgrades planned.

QUOTABLE: “We haven’t been able to find properties in Orange County at a price we like and this [Bayview] property is in a great long-term market with limited direct competition. We typically buy hotels, invest in them and then sell, but we plan on holding this property for the long term.”

FUN FACTS: Emory University, NYU Law; favorite restaurant: “Shake Shack in Crystal Cove.”

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