Commerz Real has acquired a boutique hotel, The Everly, in Los Angeles for its open-ended real estate fund. The seller is KHP Capital Partners, a real estate private equity company focused on boutique hotel investments. The purchase price was not disclosed. The four-star hotel is operated by Kimpton Hotels & Restaurants. The property, located at 1800 North Argyle Ave., includes 216 rooms over 18,000 sqm as well as 93 parking spaces. The hotel also features a rooftop pool and bar.
