BusinessPhoto: HT WorldUniversity of California Buys Ritz-Carlton Hotel for $193 Million
The University of California’s investment arm purchased the Ritz-Carlton Hotel in Half Moon Bay for $193 million, confirmed by the San Mateo County Assessor’s Office. The university has not disclosed plans for the luxury property. This acquisition highlights a trend of US universities investing in commercial real estate beyond traditional campuses, including hotels and industrial sites.
HT World··Half Moon Bay


