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New Yorkers buy L’Ermitage

L’Ermitage Hotel in Beverly Hills, a hangout for celebrities and rich wanderers, was bought for about $ 12 million by a New York-based investment partnership, La Hotel Properties.

The 112-suite hotel was purchased in December from Independence One Bank of California, bank President Edward H. Sondker said yesterday.

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    L’Ermitage Hotel in Beverly Hills, a hangout for celebrities and rich wanderers, was bought for about $ 12 million by a New York-based investment partnership, La Hotel Properties. The 112-suite hotel was purchased in December from Independence One Bank of California, bank President Edward H. Sondker said yesterday.

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