Yuhaaviatam of San Manuel Nation has revelaed that the San Manuel Investment Authority (SMIA), through its affiliated entities, has acquired full ownership of the Waldorf Astoria Monarch Beach Resort & Club in Dana Point, CA.
The resort features 400 guest rooms and suites, a range of culinary experiences, Waldorf Astoria Spa & Salon, three pools, access to an exclusive beach club, a Robert Trent Jones Jr. designed golf course and 120,000 sq. ft. of event space.
“I am excited to announce our additional investment to acquire full ownership of Waldorf Astoria Monarch Beach,” said Lynn Valbuena, chairwoman of the tribe and its investment board. “This beautiful destination resort is the perfect complement to the tribe’s investment portfolio and fits well with our long-term investment and diversification strategy. Since 2023, following the acquisition of a partial ownership interest in Waldorf Astoria Monarch Beach by an SMIA-affiliated entity, our Yaamava’ and Palms guests have enjoyed the warm hospitality and the oceanside views offered by Waldorf Astoria Monarch Beach and the Monarch Beach Golf Links. We are excited to share this news with them, as well.”
“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,” said Franco Famularo, president/chief investment officer, Ohana Real Estate Investors, who divested in the property.
Hilton will continue to manage the resort, and Troon will continue to manage Monarch Beach Golf Links.
