Hotel Operator Picks Up Luxury Calif. Ranch Resort

Law360, New York (November 18, 2013, 1:32 PM EST) -- With the financial backing of several investors, luxury hotel operator Auberge Resorts LLC has struck a deal to take over a ranch resort it has been managing in California's Napa Valley, according to a Monday statement.

Per the deal, Auberge is taking over the Calistoga Ranch from Olympus Real Estate Partners. Financial details of the deal were not disclosed but the deal was backed by a consortium of investors, including AJ Capital Partners and two Napa Valley winery owners, Auberge said.

"Auberge Resorts has been involved...
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