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Parc 55 San Francisco – A Hilton Hotel
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Newbond Holdings and Conversant Capital Close Acquisition of Two Major San Francisco Hotels
Businesswire· 2025-11-25 14:00
"Today is a great moment for downtown San Francisco's hospitality sector,†said Vann Avedisian, a Founding Partner of Newbond. "We are thrilled to complete the acquisition of Hilton Union Square and Parc 55, and to embark on an extensive capital improvement plan for the assets. These hotels, anchored in the heart of Union Square and backed by Hilton's strong global brand, are uniquely positioned to benefit from San Francisco's resurgence as a leading global destination, which is well underway thanks to Danie ...