L'Auberge Hotel Listed for Sale

The flyer does not include an asking price

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    NEWSLETTERS

    A lavish hotel in Del Mar has been put on the market, according to an online flyer released by a brokerage firm.

    L’Auberge, the 121-room seaside resort, was listed for sale on Aug. 6. Nationwide premiere brokerage firm Eastdil Secured released a detailed flyer on the property, calling it an “irreplaceable coastal icon” and “unparalleled seaside location.”

    The information listed by Eastdil Secured does not list an asking price, but described a $26 million renovation that took place in 2009.

    Andrew Holt, a senior vice president at Eastdil Secured, said he could not comment on the sale, nor could he confirm or deny that L’Auberge is for sale. The hotel and management group also had no comment.

    L'Auberge is currently owned by the real estate group Lowe Enterprises and is managed by Destination Hotels & Resorts.

    The flyer said that the current management group can be retained in the sale, or the buyer can select its own management firm.
     

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