Hotelier Jason Pomeranc’s SIXTY Collective, which comprises four boutique properties across New Yorkand Los Angeles, announced that the Silverstone Companies has acquired a stake in the company, including the exclusive rights to development in Asia.
With an initial $35 million investment, SIXTY Collective will expand its core brand, SIXTY Hotels, throughout North America into key primary and secondary markets, including Miami, Washington D.C., Dallas, San Francisco, Nashville, Wilmington, and Charleston, among others.
In addition to the management growth of the primary brands, SIXTY Collective announced the launch of a spinoff brand. CIVILIAN Hotels is a new venture that will marry form and function, and employ technology, flexible floor plans, design, and boutique practices for the experience-driven consumer. CIVILIAN is set to debut this year.
Photo: Courtesy of SIXTY Beverly Hills