San Manuel Investment Authority completed the acquisition of Waldorf Astoria Monarch Beach Resort & Club from Ohana Real Estate Investors.

San Manuel Investment Authority, an investment arm of Yuhaaviatam of San Manuel Nation, completed the acquisition of Waldorf Astoria Monarch Beach Resort & Club, a 400-room oceanfront resort, from Ohana Real Estate Investors, a vertically integrated investment firm focused exclusively on full-service hotels. Financial terms were not disclosed. "We're grateful for the opportunity to have contributed to the growth and success of this exceptional resort, and equally excited for its next phase of ownership through the leadership of the San Manuel Investment Authority," Franco Famularo, Ohana Real Estate Investors President and Chief Investment Officer.