Press Release
February 2, 2026

Newbond’s Acquisition of Two of San Francisco’s Largest Hotels Named ‘Transaction of the Year’ at The Americas Lodging Investment Summit (ALIS)

Congratulations to Newbond, in partnership with Conversant Capital, on its previously announced acquisition of the Hilton Union Square and Parc 55 and related loan restructuring with KeyBank being named “Single Asset Transaction of the Year” at The Americas Lodging Investment Summit (ALIS). This highly structured transaction culminated in the closing of the largest hotel trade in the history of San Francisco.

Goodwin advised Newbond on this landmark deal in November 2025

The Goodwin Real Estate team advising Newbond was led by Adam Kopald, Diana Brummer, Patrick Gunn, and Andrew Smith, with assistance from tax partner George Davis

For more information, please read the announcement in Hotel Investment Today.