MetLife, Loews put Hollywood hotel up for sale — at big discount. Guidance price of $125M for 625-room property is $40M less than 2012 purchase.

Loews acquired the 20-story, 625-key hotel, then called the Renaissance Hollywood Hotel, from CIM Group for about $165 million 12 years ago, property records show. Metlife currently has a 50 percent ...

MetLife Investment Management and Loews Hotels & Resorts are selling their hotel in the heart of Hollywood at a roughly $40M discount to what Loews paid in 2012.. The 625-room property is being ...