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USA TODAY
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Source: USA TODAY
1 DayUSA TODAY
Source: USA TODAY
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The University of California system bought the Ritz-Carlton in Half Moon Bay for about $193 million, according to property records filed Oct. 20. The 261-room resort was assessed at about $241.8 million. The purchase is UC Investments’ second hotel acquisition in a year and aligns with its stated focus on real estate; it manages a portfolio of about $236 billion.
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