HotelHinge · The Hotel Census
Who Owns The LINE LA?
Quick answer: According to the most recent public record, The LINE LA was taken over in a foreclosure sale by Corten Real Estate Partners for $68 million in June 2025, per Bisnow.
The LINE LA is a Koreatown landmark hotel on Wilshire Boulevard. A hotel is an operating business wrapped in real estate, so the brand on the sign, the company that manages it, and the party that owns the building are usually three different entities. The owner that matters for a sale, a loan, or an approach is the fee owner recorded in the public record. In this case the buyer took the property back through a foreclosure sale, which is itself a recorded, public transaction.
Ownership on the public record
The table below is the most recent ownership-changing transaction HotelHinge has on record for this property, with the source it comes from. Each figure is dated; ownership can change as new deeds are recorded.
| Most recent sale on record | June 2025 |
| Sale price | $68 million |
| Buyer (owner of record) | Corten Real Estate Partners |
| Record type | Reported by named trade press |
| Source | Bisnow |
For property-tax purposes, the county lists an assessed value of about $39.9M for the parcel (assessor record). An assessed value is a tax-roll figure and is not a market appraisal.
About The LINE LA
| Location | 3515 Wilshire Blvd, Los Angeles, CA |
| County | Los Angeles |
| Rooms | 384 |
| Year built | 1965 |
| Status | Operating |
Physical characteristics are compiled from public assessor and other public sources; blanks are left honest ("-") rather than guessed. HotelHinge publishes no ratings, reviews, or photos.
California market context
The LINE LA is one of 5,790 hotels on record in California, part of 46,101 U.S. hotels across 51 markets (the 50 states plus the District of Columbia) in HotelHinge's property-first census. Each carries its owner, transaction history, and, where applicable, REIT attribution and CMBS debt, all tied to public sources.
For the full picture of who is buying, selling, and financing hotels in this market, see California hotel statistics and the free HotelHinge Research reports.
Frequently asked questions
Who owns The LINE LA?
The most recent reported transaction shows The LINE LA was acquired by Corten Real Estate Partners for $68 million in June 2025, per Bisnow. That buyer is the reported owner as of that deal. Ownership can change, so HotelHinge always ties the owner to the dated public record or report it comes from.
How much did The LINE LA sell for?
Its most recent reported sale was $68 million, in June 2025, to Corten Real Estate Partners, per Bisnow.
Is hotel ownership public record?
Yes. The transfer of real estate is recorded at the county recorder or register of deeds, the tax assessment is public at the county assessor, and the owning company is registered with the secretary of state. The legal owner of a hotel is therefore public, though the individuals behind a holding company are not always disclosed.
Can I cite this ownership information for The LINE LA?
Yes. This page is free to cite. Please attribute it to HotelHinge (The Hotel Census) and link to the original page. Each fact is dated and linked to its public source.
Disclaimer, sourcing, and citation
About this page. HotelHinge is a U.S. hotel property and ownership research service operated by TrueNote, LLC, a Delaware limited liability company doing business as HotelHinge. This page is published for general informational purposes only and is not legal, tax, or investment advice.
How we know, and whose data it is. The ownership and transaction facts on this page are drawn from public records (county and municipal deed and assessor filings) or from named trade-press reporting, each linked above to its source. HotelHinge is a proprietary compilation: the underlying facts are public, and the original selection, matching, and arrangement into a property-level record are our own work. Ownership can change, and the public record accrues on a lag; treat each fact as of the date shown.
What we do not publish. HotelHinge shows no ratings, reviews, or photos, and publishes no RevPAR, ADR, occupancy, or cap-rate figures of its own. The named owner is the party recorded or reported for the transaction shown; it is not necessarily the operator or the brand, which are usually separate parties.
No warranty; no liability. This page is provided "as is," without any warranty of accuracy, completeness, or timeliness. To the fullest extent permitted by law, HotelHinge and TrueNote, LLC disclaim all liability for any loss or decision made in reliance on it.
Citation. You are welcome to cite this page. Please attribute it to HotelHinge (The Hotel Census) and link to the original. If you believe something here is inaccurate, email info@hotelhinge.com and we will review the record.