Two Hotels in Southern California for Auction

Auction Sale of 2 hotels, (i) Hilltop Hotel and (ii) Diamond Hotel which are described below:

• Hilltop Hotel - The hotel located at the top of a prominent hill with sweeping views in Pomona, California. The Hilltop Hotel consists of 130 suites located on three acres of hilltop property by Interstates 10 and 57, Cal-Poly Tech University, and the Los Angeles County fairgrounds, Fairplex. The Hilltop Hotel has three hotel floors along with two levels of parking and features an outdoor pool, spa, exercise fitness center, sauna, steam room and a beautiful, full service restaurant, lounge, meeting spaces and a banquet ballroom to accommodate approximately 300 guests. The fair market value of the Hilltop Hotel is approximately $12 million.
• Diamond Hotel - This is a 161 room hotel located in Pomona, California. The Diamond Hotel is a full-service hotel, which includes a business center, meeting facilities, pool, spa, fitness center, steam, sauna, and offices. A restaurant is on the premises but has stopped food service for the time being. The fair market value of the Diamond Hotel is approximately $12 million.