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Historic Lafayette Hotel of San Diego


Lafayette Hotel Sells for Nearly $26M

San Diego-based restaurant and hospitality group CH Projects recently acquired the historic Lafayette Hotel in San Diego’s North Park neighborhood for $25.8 million. CH Projects plans to restore and update the rooms, and add several food and beverage venues to the property.

Victor Krebs of Colliers represented the seller Lafayette Landlord LLC, a San Diego-based investment group. Krebs also represented the seller in its purchase of the property in 2004. CH Projects was self-represented.

“The Lafayette Hotel has great potential given the period architecture, gracious common areas, beautiful pool and vibrant North Park location. The property generated strong interest from several investors, but CH Projects’ vision met the seller’s desire to select a buyer that would continue the legacy of this great hotel,” said Krebs.

The Lafayette Hotel has 131 rooms, an Olympic-sized pool, and several restaurants and bars. The property is located at 2223 El Cajon Blvd.

By: Lisa Brown

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Victor Krebs

Senior Vice-President

San Diego

Victor Krebs specializes in the sale of redevelopment properties, with an emphasis on urban & suburban infill housing projects. Victor has brokered land sales for the development of over 5,000 residential units, along with land for new office buildings and hotels. He also handles the sale of existing buildings for adaptive re-use and conversion to creative office space or residential lofts.  Victor represents major institutional property owners, municipal agencies and private clients in property dispositions and also works extensively with developers on new acquisitions.

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