{"id":15216,"date":"2026-06-15T20:02:46","date_gmt":"2026-06-15T20:02:46","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=15216"},"modified":"2026-06-15T20:02:46","modified_gmt":"2026-06-15T20:02:46","slug":"riversides-mission-inn-sale-price-was-33-million-records-show","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=15216","title":{"rendered":"Riverside\u2019s Mission Inn sale price was $33 million, records show"},"content":{"rendered":"<div>\n<p>The Yuhaaviatam of San Manuel Nation in Highland paid $33.2 million for the Mission Inn Hotel &amp; Spa in downtown Riverside from Kelly Roberts, according real estate transactions filed in late May.<\/p>\n<p>Read more <a href=\"https:\/\/siliconvalleymovingpost.com\/?p=15214\">All-Orange County softball team, players of the year 2026<\/a><\/p>\n<p>Financial terms of the transactions were not disclosed by Roberts or the tribe when the deal was announced in early May. The purchase of the historic Mission Inn, which adds to the growing portfolio of hotels from California to Washington, D.C. owned by the tribe\u2019s San Manuel Investment Authority, closed May 28.<\/p>\n<p>The approximate sale price of the Mission Inn was confirmed by the Riverside County Assessor and Clerk Recorder office in three separate transactions filed by entities controlled by Roberts, a former Orange County resident and billionaire.<\/p>\n<p>\u201cThe sale price is within $1,000 of the actual price,\u201d said Melissa Garcia, chief deputy assessor-clerk recorder for Riverside County.<\/p>\n<p>The compiled price tag for the Mission Inn property will likely be firmed up in the next few months after the county office processes documents filed to ensure the proper chain of title and the property\u2019s assessment value. \u201cThis could take a few months,\u201d she said.<\/p>\n<p>One filing transferred ownership to San Manuel for the 238-room Mission Inn hotel along Mission Inn Avenue, while a second includes an adjacent parking garage in the block bounded between 5th and 6th streets north of the inn, and east and west by Main and Orange streets. A vacant lot and annex building within the block that has a bookstore and offices of the Mission Inn foundation and museum also were sold to San Manuel.<\/p>\n<p>Based on transaction fees and sales taxes calculated from the filed records with Riverside County, while <\/p>\n<p>The values were calculated based on a documentary transfer tax, which is a one-time fee charged by state or local governments when real estate ownership transfers and a deed is officially recorded, and Riverside city taxes, according to Garcia.<\/p>\n<div>\n<\/div>\n<p>A third transaction involved the sale of the alcoholic beverage license to Mission Inn Riverside BevCo LLC, a limited liability company run by San Manuel, for $331,394.16, according to .<\/p>\n<p>The transactions were filed by the seller, including the Roberts-run Historic Mission Inn Corp. and Mission District Associates LLC \u2014 both of which list Roberts\u2019 lawyer, Patrick O\u2019Brien, as the agent authorized to receive legal notices, lawsuits and official government correspondence on behalf of her businesses.<\/p>\n<p>The Mission Inn Riverside LLC, a limited liability company\u00a0set up April 24 by the tribe in Highland, is listed as the buyer of the Mission Inn and related properties in the heart of Riverside\u2019s downtown, according to the documents filed with the county and corporate records filed with the California Secretary of State.<\/p>\n<p>\u201cThe San Manuel Investment Authority is continuing to abide by the confidentiality of the agreement and aren\u2019t able to provide additional comment,\u201d said Kenneth Shoji, a spokesman with San Manuel.<\/p>\n<div>\n<\/div>\n<p>Spokespersons for Roberts and her attorney did not respond to requests for comment.<\/p>\n<p>Read more <a href=\"https:\/\/siliconvalleymovingpost.com\/?p=15198\">Knicks fan\u2019s joyous screams in Canoga Park draw police who fatally shoot her dog<\/a><\/p>\n<p><strong>Also see:<\/strong> Riverside\u2019s historic Mission Inn sold to San Manuel Nation<\/p>\n<h4>Complex property sale<\/h4>\n<p>Steven Nguyen, a spokesman for the Riverside County Assessor, Clerk and Recorder office, cautioned that, while the three transactions appear to be the only ones made in connection with the sale to San Manuel, there could always be others that emerge in a complex transaction.<\/p>\n<p>\u201cIt is important to note that large or complex property transfers may be recorded through multiple documents,\u201d he explained. \u201cAs a result, the information reflected in any single recorded document may represent only one portion of the overall transaction.\u201d<\/p>\n<p><strong>Also see:<\/strong> Statue of former owners departs Riverside\u2019s Mission as sale closes<\/p>\n<p>Duane Roberts and his wife and co-owner Kelly Roberts\u00a0were instrumental in\u00a0rescuing the Mission Inn from potential demolition.<\/p>\n<p>The hotel, which was shuttered in the mid-1980s, went through several ownership changes before Duane Roberts bought the Mission in 1992 for\u00a0.<\/p>\n<p>The Riverside Redevelopment Agency\u00a0bought the Inn in 1976, and then sold it in 1985 to the Carley Capital Group. Carley began a major renovation of the historic hotel before going bankrupt in 1988. Chemical Bank and the redevelopment agency completed the $50 million restoration before Duane Roberts bought the hotel,\u00a0according to a Press Enterprise report last year.<\/p>\n<p>Duane Roberts, who aided in\u00a0the revival of downtown Riverside\u00a0with the reopening of the hotel,\u00a0died Nov. 1, 2025.<\/p>\n<p>Kelly Roberts\u00a0said in an early May statement to the Southern California News Group that she decided to sell the Mission Inn and relocate to Palm Beach, Florida \u201cas I begin the next chapter.\u201d Florida is a popular haven for the rich as it levies no luxury, personal income or estate taxes on residents who live there more than half the year.<\/p>\n<h4>Tribe\u2019s hospitality expansion<\/h4>\n<p>The tribe\u2019s latest acquisition follows a trend over the past quarter-century in which it has diversified its holdings.<\/p>\n<p>Its expansion began in the early 2000s with the purchase of the Four Fires Residence Inn by Marriott in Washington, D.C., along with partner tribes, and the Three Fires Residence Inn hotel in downtown Sacramento.<\/p>\n<p>In 2021, the San Manuel Band bought the Palms Casino Resort in Las Vegas for $650 million, allowing it to expand its gaming and casino ambitions outside of California.<\/p>\n<p>The tribe\u2019s portfolio of hotels also includes Dana Point\u2019s 400-room Waldorf Astoria Monarch Beach Resort &amp; Club, the Bear Springs Hotel in the foothills of the San Bernardino Mountains in Highland, and the Draftsman in Charlottesville, Virginia.<\/p>\n<p>In 2016, the San Manuel Band bought\u00a0the Arrowhead Springs Hotel\u00a0from Cru, formerly Campus Crusade for Christ, which owned the 1,900-acre property in San Bernardino\u2019s Waterman Canyon since 1962.<\/p>\n<p>Read more <a href=\"https:\/\/siliconvalleymovingpost.com\/?p=15196\">Do influencers need to disclose if they\u2019re paid by a candidate? New California bill seeks to ensure they do<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Spokesmen for San Manuel and billionaire Kelly Roberts refused to confirm the sale price for the historic downtown Riverside resort.<\/p>\n","protected":false},"author":1,"featured_media":15215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,2],"tags":[],"class_list":["post-15216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-based-on-facts-either-observed-and-verified-directly-by-the-reporter-or-reported-and-verified-from-knowledgeable-sources","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Riverside\u2019s Mission Inn sale price was $33 million, records show - Silicon Valley Moving Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/siliconvalleymovingpost.com\/?p=15216\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riverside\u2019s Mission Inn sale price was $33 million, records show - 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