Cienda Partners and Pendant Capital have acquired the Senza Hotel in Napa, Calif. from the Hall Group. The purchase price and other terms were not disclosed. The two family-founded investment groups formed a partnership with the acquisition.
“The acquisition of Senza, a beautiful luxury hotel, was a rare opportunity in a difficult-to-enter market,” Barry Hancock of Cienda Partners said in a statement. “We are pleased to add this hotel in the heart of Napa Valley to our growing portfolio of unique boutique hotels.”
The Senza Hotel is situated on two acres between Napa and Yountville. Senza Hotel was initially a bed and breakfast purchased in 2006 by Kathryn and Craig Hall, winemakers who owned the neighboring vineyard. Throughout the next 17 years, Senza Hotel evolved into a 48-room boutique hotel with a connection to Wine Country.
“For nearly two decades, Senza has been a passion project for us in a region that holds great meaning to our business and our family,” said Craig Hall, founder and chairman of the Hall Group. “We are currently involved in several new hospitality projects, and felt it was the right time to pass the torch to allow us to better focus on these new endeavors. With Cienda Partners and Pendant Capital, we found a buyer in which we saw great cultural alignment and fit—who recognized the distinctive quality and high standards of Senza and wanted to invest for the long-term.”
The new ownership is exploring ways to activate the property and renovate the common areas while expanding food and beverage offerings. Senza Hotel will continue to offer many of its amenities, including a swimming pool, hot tub, fitness center and private guest spa.