Ambient Communities Buys 110-Room Vacant Hotel in San Diego’s Point Loma, Plans Multifamily Conversion

3/3/2025

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REBusinessOnline

• Subcategory: Hospitality: Hotel, MF: Market Rate, MF: Student

• Tag: Conversion | Sale

• Additional Filters-Subcategory: Hospitality: Independent, MF: Midrise

• Additional Filters-Tags: Conversion: Hotel-to-Multifamily

• Company: Lee & Associates

Ambient Communities has purchased Consulate Hotel, a shuttered hotel located at 2901 Nimitz Blvd. in San Diego’s Point Loma neighborhood, from Noble Legacy LLC for $17.4 million. Al Apuzzo, Matt Weaver, Alex Bentley and Brianna Lehman of Lee & Associates represented the seller, while Rick Wu and Austin Dias of Duhs Commercial represented the buyer in the transaction.