ABOUT BIZ WAVES

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at dailybreeze.com


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Sheraton Gateway Hotel LAX Sold

This hotel is unionized. I wonder if the new owners will keep it that way.


The Sheraton Gateway Hotel at Los Angeles International Airport has been purchased for $97 million by Chicago-based real estate investor Harp Group and two equity partners, Fidelity Investments Real Estate Group and Blue Vista Capital Partners.

The 802-room four-star hotel at 6101 W. Century Blvd. was sold by real estate investor Kor Hotel Group based in Los Angeles.

Read the full story.

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