Landmark East Bay Claremont hotel is bought for more than $160 million

The Claremont Club & Spa, an iconic hotel perched in the hills on the Oakland and Berkeley border, has been bought.

OAKLAND — The Claremont Club & Spa, an iconic hotel perched in the hills on the Oakland and Berkeley border, has been bought by a Bay Area real estate developer in a deal that tops $160 million.

The hotel, part of the Fairmont chain, was bought for about $163.3 million, according to documents filed on May 12 with the Alameda County Recorder’s Office.

Redwood City Ohana Real Estate Investors, acting through an affiliate, bought the hotel in an all-cash deal, the county records showed.

The 276-room hotel was sold by an affiliate headed up by Blum Capital Partners and Fairmont Hotels & Resorts, county and state public documents show. The late Richard Blum for many years was a principal executive of Blum Capital.