Prime Property


Bill Gates’ investment fund buys downtown hotel







Financial terms were not disclosed.

Nancy Sarnoff | Real estate reporter and blogger

11 Responses

  1. w00t says:

    I had no idea they had apartments in there…

  2. captain cook says:

    Great location! Hope they improve!

  3. BarksintheCountry says:

    So a company that has a contract to operate a hotel is now buying that hotel? And this is big news how?

  4. Choice says:

    I love Bill Gates and his wife. This is a man that made his wealth off of a creative talent. He wasn’t born out of generational wealth that was handed to him from his parents. He is the true self made man. He is involved in so many charitable organizations, inventor oriented, creative, people focused, and has people working to improve the conditions in 3rd world countries. You can’t NOT love this guy!

  5. ItsBill says:

    I think I’ll start saving money to buy a hotel…,…,…,…,…,…,…,…,…,…,…,…,…,…,…,…, I think that should be enough.


  6. htwngrl says:

    The hotel is in need of a makeover.

  7. Jim Bell says:

    The Four Seasons has had apartments from the beginning. Even better for the tenants, the rent includes maid service and room service for meals. Of course you pay dearly for all that. Definitely above my pay grade.

  8. MrOldMan says:

    This is a good example of what’s wrong with the uber-wealthy, and why it’s bad for America. People who have THAT much money can afford to sit out a few rounds and let others have a shot at the buffet table. But they don’t. They literally just buy and buy and buy, which closes off opportunities for other, smaller companies. It’s impossible to compete with the name Bill Gates. Somewhere today, there are a few groups of smaller investors who are going to miss out on another deal, because Mr Gates and Co had to buy something they certainly don’t need. How nice.

    • Benton says:

      You know he gives half his wealth to charity right? He has like the hugest foundation on the planet. Where do you think the cash flows from this thing will go? And in any case, how is it bad that he’s pouring liquidity into Houston?