By Jordan Mercer | EMD News Another major investor is betting that Los Angeles real estate may be worth buying while others are still afraid of it. Tech entrepreneur and real estate investor Daniel Negari has purchased the 241-room Hotel Per La in Downtown Los Angeles for $34 million, adding another Southern California hotel to a rapidly expanding real estate portfolio. The price works out to approximately $140,000 per room — a number that says almost as much about the…
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Daniel Negari Bets $34 Million on Downtown Los Angeles With Hotel Per La Purchase
