Welcome!

News Feed Item

Just In Time for Coachella: Own A Piece of the Hard Rock Hotel Palm Springs!

-- Music Fans and Others in California, Across the U.S. Can Now Become Investors in the Hard Rock Hotel Palm Springs

PALM SPRINGS and BEVERLY HILLS, Calif., April 16, 2014 /PRNewswire/ -- Beginning today and until the offering is sold out, individual investors have the opportunity to own a piece of the Hard Rock Hotel Palm Springs, which is principally owned and operated by Kittridge Hotels & Resorts, LLC.  Hard Rock Hotel Palm Springs is the entertainment destination in the California desert where the music party never ends.

Music Fans across the U.S. Can Now Become Investors in the Hard Rock Hotel Palm Springs. Visit RealtyMogul.com for more information.

Individuals can register to view the property offering and become investors in the hotel through RealtyMogul.com, the largest online marketplace for people to pool money and invest in commercial real estate.  This is the first hotel to be crowdfunded by an online property marketplace. [Link to video about the hotel]

In addition to the potential financial benefits of being an equity owner in the Hard Rock Hotel Palm Springs, individual investors in the hotel will receive VIP benefits including free use of the hotel owner poolside cabana, 25% discounts off the best available room rates, free room upgrades and much more at the Hard Rock Hotel Palm Springs.

Today's announcement comes at the height of the 2014 Coachella Valley Music and Arts Festival, the internationally renowned annual event that's drawing well over 100,000 music fans to the California desert this week.  Hard Rock Hotel Palm Springs is the host hotel for the LED Day Club pool parties during festival weekends in partnership with Goldenvoice and their EDM Division, LED.

"Hard Rock Hotel Palm Springs is excited to be delivering the first-ever crowdfunded hotel deal in the U.S. through our agreement with Realty Mogul, the leader in real estate crowdfunding," said Andy Carpiac of Kittridge Hotels & Resorts, LLC.  "Our staff is passionate about delivering an incredible customer service experience from the moment our guests arrive.  The individual investors who participate in the crowdfunding opportunity now listed on Realty Mogul will be able to experience firsthand what's special about this hotel, and enjoy the potential financial benefits and other benefits of being a hotel owner."

"Providing more people with access to quality investments like the Hard Rock Hotel Palm Springs is at the heart of what our online platform is all about," said Jay Samit, Realty Mogul Executive Chairman.  "Through the Realty Mogul marketplace, people have an easy way to diversify their investment portfolios into commercial real estate and participate in opportunities previously available only to a select few."

Hard Rock International is not an owner of the Hard Rock Hotel Palm Springs or a party to the crowdfunding announced today.

About the Hard Rock Hotel Palm Springs

The Hard Rock Hotel Palm Springs is a luxury 163-room resort located in the heart of downtown Palm Springs, Calif.  The music-inspired hotel combines the sleek design of a new Fender Stratocaster with the laid back vibe of a beachside reggae band.  Its location, just two hours from Los Angeles, makes it the perfect getaway, with year-round sunshine, a Rock Spa, shimmering pool with cabanas, plus fine dining and entertainment.  The Hard Rock Hotel Palm Springs is majority owned by Kittridge Hotels & Resorts, LLC.  For more information visit www.HRHPalmSprings.com or on Facebook and Twitter.  Perks included with the crowdfunding investment will be null and void upon the sale of investors' security interest and/or the sale of the property.

About Realty Mogul

Realty Mogul is crowdfunding for real estate, a marketplace for investors to pool money online and invest in real property such as office buildings, apartment buildings and retail centers.  Realty Mogul provides individuals with tools to browse investments, conduct due diligence, invest online and track the performance of their investments 24/7 through an online investor dashboard.

Realty Mogul partners with real estate companies to source investments for investors.  Realty Mogul provides these companies (also known as sponsors) with access to a broader capital pool, as well as tools for investor reporting, communication and distributions.  Based on the total number of properties, number of states and volume of capital placed by the company, Realty Mogul believes it is the largest commercial real estate crowdfunding marketplace online.  For more information on how to become a real estate investor through the Realty Mogul marketplace, please visit www.RealtyMogul.com.

Photo - http://photos.prnewswire.com/prnh/20140415/74206

SOURCE Hard Rock Hotel Palm Springs

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We are the public cloud providers. We are currently providing 50% of the resources they need for doing e-commerce business in China and we are hosting about 60% of mobile gaming in China," explained Yi Zheng, CPO and VP of Engineering at CDS Global Cloud, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...