A group led by insurance and wine entrepreneur Bill Foley is buying the MacArthur Place Hotel and Spa in Sonoma. Foley is buying the 69-room luxury boutique hotel three months after buying a stake in another hotel in west Sonoma County. Terms of the sale, finalized last Thursday, haven’t been announced. But, property records list the value of the sale at 65.6 million dollars. That would equal about 951 thousand dollars per room.
Bill Foley Buying MacArthur Place Hotel and Spa in Sonoma
