The lender-owned Mission Plaza Hotel & Suites in California, US, has been sold to an affiliate of Reven Capital and Jet Stream Hotels & Resorts.

The 316-room property was sold by an affiliate of Miami-based special servicer LNR Partners and the sale was overseen by Atlas Hospitality Group.

The property includes a restaurant, an outdoor heated swimming pool, a fitness room and over 2,500ft² of meeting space.

Jet Stream Hotels & Resorts will employ an affiliate to manage the hotel and will also undertake minor upgrades to the property, according to