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Ohana Real Estate Investors Sells Remaining Ownership Stake in Waldorf Astoria Monarch Beach Resort & Club

Ohana Real Estate Investors (Ohana) announced today the sale of its remaining ownership interest in Waldorf Astoria Monarch Beach Resort & Club, a 400-key luxury oceanfront resort in Dana Point, Calif., to the San Manuel Investment Authority, an instrumentality of the Yuhaaviatam of San Manuel Nation. This landmark transaction reflects Ohana’s core investment strategy, showcasing the firm’s expertise in identifying unique opportunities, executing value-enhancing initiatives, and maximizing the potential of its properties.

“We’re grateful for the opportunity to have contributed to the growth and success of this exceptional resort, and equally excited for its next phase of ownership through the leadership of the San Manuel Investment Authority,” said Franco Famularo, President and Chief Investment Officer of Ohana Real Estate Investors. “This transaction is a meaningful reflection of our thoughtful, data-driven investment approach and the collaborative efforts of our partners and team.”

Ohana acquired the resort in November 2019 and subsequently partnered with Hilton to rebrand the property under the prestigious Waldorf Astoria Hotels & Resorts brand. Ohana completed a comprehensive renovation in 2022, refreshing the resort's guest rooms and other key areas. This sale marks the second transaction in the strategic partnership between Ohana and the Yuhaaviatam for this property.

“Owning a luxury destination resort such as Waldorf Astoria Monarch Beach Resort & Club represents another milestone for our Tribe, enabling us to continue executing on our long-term diversification strategy,” said Lynn Valbuena, Chairwoman of the Yuhaaviatam of San Manuel Nation Tribal Council and San Manuel Investment Authority. “We are pleased to further our investment for complete ownership of this renowned resort and look forward to shepherding the property into its exciting next chapter.”

Waldorf Astoria Monarch Beach is one of Southern California's premier luxury destinations, perched atop a scenic seaside bluff overlooking the Pacific Ocean. The sophisticated resort features 400 guest rooms and suites, a wide array of culinary experiences, Waldorf Astoria Spa & Salon, three pools, access to an exclusive beach club, a Robert Trent Jones, Jr. designed golf course, and 120,000 square feet of event space.

About Ohana Real Estate Investors

Ohana Real Estate Investors (Ohana) is a vertically integrated real estate investment manager specializing in the hospitality and residential sectors. Founded in 2009, we invest in premier properties where human connection thrives, focusing on key urban and resort markets across North America. Ohana manages more than $3.5B+ on behalf of a global investor base through dedicated equity and credit fund strategies. For more information, please visit ohanare.com.

About Yuhaaviatam of San Manuel Nation

Yuhaaviatam of San Manuel Nation is a federally recognized Indian tribe located on the San Manuel Indian Reservation near Highland, California. The Tribe, formerly known as the San Manuel Band of Mission Indians, proudly reclaims their ancestral name —Yuhaaviatam (pronounced “yu-HAH-vee-ah-tahm”) — honoring the deep-rooted heritage and enduring legacy of their people. Exercising their inherent sovereign right to self-governance, Yuhaaviatam of San Manuel Nation is committed to providing essential services to their citizens by building infrastructure, maintaining civil services, and promoting social, economic, and cultural development.

As the Indigenous people of the San Bernardino highlands, passes, valleys, mountains, and high deserts, the Yuhaaviatam have called this region home since time immemorial and are committed to remaining a productive partner in the San Bernardino region. For more information, visit http://www.sanmanuel-nsn.gov.

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