The hotel, which sits on a little more than one acre of land, sold for $16.25 million, according to the county assessor’s office. The lawsuit settled for $500,000, according to lawyers in the case.

Holy moly, Golden Key Hotel owner Ray Patel made out like a freakin' bandit. Via the Glendale-News Press: "Caruso Affiliated paid more than $16 million to acquire the 55-room Golden Key Hotel on ...

There will be no wrecking ball — much less dynamite — as the Golden Key Hotel checks out of Glendale to make way for a new Nordstrom department store at the Americana at Brand shopping center ...

The department store--a three-level, 135,000 square-foot store--will open in 2013 on on the site of the Golden Key Hotel and the nearby brick building, both of which Caruso just purchased to ...

Developer Rick Caruso has negotiated a deal to acquire the Golden Key Hotel as part of his bid to expand his 15.5-acre Americana at Brand.

Golden Key Hotel owner Ray Patel says he is not interested in the $6 million offer he received from Americana at Brand developer Rick Caruso for the 55-room inn on the edge of the shopping and ...