Episode Details
Back to Episodes
Edition Hotel Changes Hands | Real Estate News
Description
The Edition hotel on Sunset Strip has changed hands—now owned by British real estate titans the Reuben brothers, who originally held its $211 million debt. After Witkoff narrowly avoided foreclosure in 2021 via a refinancing deal, the Reubens quietly acquired the debt and took full control. This high-profile property, known for its luxury amenities and rooftop pool, marks another chapter in Witkoff’s rocky LA real estate history—and the Reubens’ growing portfolio of L.A. foreclosures, including the Century Plaza. It’s a vivid reminder of how debt, deals, and shifting fortunes can rewrite ownership in the glamorous world of Los Angeles real estate.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/33d3f1e170e7673f