Third-Generation Hotelier Acquires Santa Barbara Boutique Property

Colliers arranged the sale of the Franciscan Inn & Suites, a 53-room boutique hotel located in Santa Barbara’s West Beach district. The seller and local developer Ed St. George, who purchased the Franciscan in 2022 for $21,000,000, has sold it to a family-owned hotel ownership and management company, Warren Resort Hotels, for $22,500,000 and at...