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San Manuel Band Of Mission Indians Announces Acquisition Of An Ownership Interest In Waldorf Astoria Monarch Beach Resort & Club

Jun 05, 2023over 2 years ago

Acquiring Company

San Manuel Investment Authority

Acquired Company

Waldorf Astoria Monarch Beach Resort & Club

HighlandNon ProfitGovernmentHotelLeisureHospitality

Description

The San Manuel Band of Mission Indians ("SMBMI" or "San Manuel" or "Tribe") today announced that the San Manuel Investment Authority ("SMIA") through its affiliated entities acquired an ownership interest in the newly renovated Waldorf Astoria Monarch Beach Resort & Club ("Waldorf Astoria Monarch Beach" or "Waldorf Astoria") in Dana Point, Calif. One of Southern California's iconic luxury resort destinations, Waldorf Astoria Monarch Beach will be the Tribe's latest addition to its expanding resort portfolio.

Company Information

Company

San Manuel Investment Authority

Location

Highland, Utah, United States

About

San Manuel Investment Authority is an entity of the Yuhaaviatam of San Manuel Nation. The Tribe focuses on investments to diversify their portfolio and generate economic growth. They are committed to enhancing the quality of life for their citizens. The authority plays a key role in the Tribe's strategic development.

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Integration timeline
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Post-acquisition investment
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