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COMPANY NEWS
Kingsbarn Gains Full Entitlement Approval for Home2 Suites by Hilton in Buena Park, California
*New Hotel to Be Near the Entrances of Both Disneyland and Knott’s Berry Farm* \ **Las Vegas, Nevada (June 26, 2024)** – Kingsbarn Development Opportunities has received full entitlement approval from the City of Buena Park to construct a new Home2 Suites by Hilton hotel within the city’s Entertainment Corridor. Designed for leisure and business guests and their pets, this 140-room, 6-story extended-stay hotel will include stylish, flexible suites with separate living and dining areas, multifunctional community spaces, and home-like amenities, such as a pool, fitness center, business center, market pantry and on-site laundry facilities. \ This Home2 Suites by Hilton will be one of the only extended-stay offerings in the market and is the first new hotel to be built in Buena Park within the past five years. “Extended-stay offerings are the highest-demanded sector of hotel types today,” stated Tony Hama, Managing Director of Commercial Development at Kingsbarn. “These hotels performed the best through the pandemic and continue to post the strongest operating results and show the most demand.” \ “The City is very excited about the new Hilton hotel project by Kingsbarn,” said Aaron France, Buena Park City Manager. “An extended-stay hotel is new for our entertainment corridor, and we believe it’s the right fit for the site given its location on Beach Boulevard, which will strongly appeal to tourists and conference attendees alike.” \ Located at 7860 Beach Boulevard, the hotel is only a block away from a major theme park, Knott’s Berry Farm, and close to the Disneyland Resort and the Great Wolf Lodge Water Park. \ **ABOUT KINGSBARN REALTY CAPITAL**\ Kingsbarn Realty Capital is a real estate-centric investment house that provides institutional and accredited investors access to an array of alternative investments. Kingsbarn offers investments in private equity, exchange traded funds, traditional investment funds, private placements, and Delaware Statutory Trusts (DSTs). Kingsbarn’s management team has wide-ranging experience developing, managing, operating, and sponsoring a diversified portfolio of stabilized, income-driven properties as well as ground-up construction, value-added offerings, opportunity zone investments, and entitlement projects. Kingsbarn has over $2 billion of assets under management and has acquired over 280 properties throughout the United States. The company currently has a development pipeline of over $2 billion consisting of multifamily, student housing, industrial, retail, and hospitality. For further information, visit [www.kingsbarn.com](https://www.kingsbarn.com). \ **ABOUT HOME2 SUITES BY HILTON**\ Home2 Suites by Hilton, one of the fastest growing brands in Hilton’s history, is a mid-tier, all-suite, award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and home-like amenities for value-conscious guests and their pets. With a commitment to environmentally friendly products and hotel operations, Home2 Suites by Hilton offers complimentary hot breakfast, innovative and customizable guestroom designs, laundry and fitness areas, multiple outdoor spaces, 24-hour business centers, expansive community spaces and pet-friendly environments. Home2 Suites by Hilton has nearly 670 open hotels with more than 700 in development. Experience a positive stay at Home2 Suites by Hilton by booking at home2suites.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Home2 Suites by Hilton at stories.hilton.com/home2suites, and follow the brand on Facebook, Twitter and Instagram. \ \ **Kingsbarn Media Contacts:** \ Emma Williams & Holly Silvestri \ The Ferraro Group (702) 367-7771 \ [emma@theferrarogroup.com](mailto:emma@theferrarogroup.com) \ [holly@theferrarogroup.com](mailto:holly@theferrarogroup.com)
