New Independent Boutique Hotel to Open in Calabasas

. March 29, 2013

Calabasas, CA - March 29, 2013 - With the completion of a $6 million renovation this spring, The Anza - A Calabasas Hotel will open as the first independent boutique property in Calabasas, California. Casual and sophisticated but not overly trendy, The Anza's fresh design aesthetic will blend the style of Los Angeles with the quaintness of Old Town Calabasas. The hotel's extensive renovation will touch every inch of the building's interior and update the exterior and pool area, creating a casual, comfortable California feel that will appeal to a wide variety of travelers.

The porte-cochere will feature a new stone surround and new furnishings at the entry doors to set the mood as guests walk into the hotel. The lobby space will be completely transformed; new wood flooring, a large decorative ottoman in the entry, and a decorative screen in the background will be focal points as guests enter. A new front desk will be added with a dramatic blue wall behind it. This pop of color will also accent the fireplace. The lobby will feature a comfortable living room with several different seating zones to accommodate quiet reading or work, small meetings, dining and cocktails. Graze Bistro & Bar, The Anza's food and beverage offering, will serve simple but gourmet food for breakfast and dinner, then transition to a bar in the evening with craft beers and California wines available. Designed with a white granite top and a wood face, the bar creates a bit of drama in the background. Additional hotel amenities include a new business center, fitness room and a marketplace for snacks and sundries.

The spacious guest rooms, averaging 400 square feet or more in size, will be completely renovated. Designed around a palette of gold and browns with blue accents, the bedroom design has a bit of an eclectic mix of elements that create a residential feel. A foyer area, featuring an upscale tile floor, includes a coffee bar with microwave and refrigerator. The tile flooring carries into the bathroom which features a walk-in shower with rain shower head, new vanity and backlit vanity mirror. A wide selection of textures and subtle patterns play off each other and add richness to the design.

The pool area will be upgraded with the addition of new cabanas, fire pit, furniture and a trellis to provide shade and privacy. New lighting and plumbing throughout the property is designed to be energy efficient and meet the functional needs of today's hotel guest.

The Anza - A Calabasas Hotel, previously operated as a Country Inn & Suites, was purchased by Channel West Group and Arris Investments LLC in July of 2012. Evolution Hospitality of Newport Beach, CA is the operator and senior principals of Evolution have also made an equity investment in the hotel. Genarro Moten serves as general manager and Shelley Baltimore as director of sales. CMMI, LLC of Atlanta, GA is agency of record as architect and interior designer and John Hardy Group, also of Atlanta, will manage the renovation. For more information please visit www.TheAnzaHotel.com.

About Channel West Group

Channel West Group is a real estate investment and advisory firm focused on the West Coast and Hawaii markets where the firm's principals each have over twenty years of real estate experience. The firm provides to its partners and clients a disciplined focus on the West Coast and Hawaiian markets along with comprehensive real estate experience rooted in a variety of skill sets - including principal investing, asset management, investment banking, restructuring and development. Channel West acts primarily as a joint venture partner in the acquisition, ownership, and operation of commercial real estate. The company also provides advisory services for owners and lenders on complex real estate transactions on either a short-term or long-term basis. Channel West works with institutions, commingled funds, family offices, and lenders. For more information, visit www.channelwestgroup.com.

About Arris Investments LLC

Arris Investments LLC is a real estate investment management firm focused on providing joint venture equity across asset types in the western United States. On behalf of both institutional and private capital sources, Arris partners with proven operating sponsors to acquire real estate with value-added business plans. For more information contact David Parsky at [email protected] or visit www.arrisinvestments.com.

About Evolution Hospitality

Evolution Hospitality is a privately-owned, hospitality management and investment firm located in Newport Beach, California. A full-service company with in-house expertise in all disciplines, Evolution Hospitality drives margins and creates value for each of its assets by combining an owner mentality and pervasive sales-driven culture with a proven ability to capture market share and manage the middle-of-the-page. Evolution Hospitality currently manages a portfolio of 18 assets, both branded and independent properties. Signature assets include Hard Rock Hotel San Diego, San Mateo Marriott, Queen Mary Long Beach, Hotel Adagio San Francisco, and Courtyard San Diego Mission Valley/Hotel Circle. For more information call 949-610-8000 or visit www.EvolutionHospitality.com.

About CMMI, Inc.

CMMI, Inc. is an integrated design group with a unique blend of architecture and interior design expertise. The firm has more than twenty-five years of experience assisting clients with projects that range from intimate resort lodges to large-scale convention hotels. CMMI focuses exclusively in the design of luxury hotels, resorts, conferencing, senior living and ancillary facilities. Since their founding in 1987, they have completed more than 500 commissions, 36,000 guestrooms and twenty-one million square feet of meeting space. Additionally, more than 50% of their portfolio includes renovations and expansions to existing properties. With each assignment, they seek innovative ways to perfect revenue-generating components, identify energy/cost saving materials and applications, optimize functionality, and ultimately enhance the guest experience. For more information, visit www.cmmi-redlines.com.

About The John Hardy Group

The John Hardy Group provides independent, strategic development services to joint venture partners, asset managers and major brands engaged in hospitality real estate, globally. Recognized as the leader in creating creative solutions to complex challenges in building developments, the company uses propriety project research, planning and execution processes established by the group.

JHG has successfully managed more than $6 billion in development-related assignments and completed projects with more than $2 billion in value, encompassing 866 hospitality projects in 35 countries. JHG offices are located in Atlanta, New York and Paris.

Business Contact:

Rebecca Goldberg
T: 2126733232
E: [email protected]

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