SANTA BARBARA, CA—Caruso Affiliated has named Rosewood Hotels & Resorts as the hotel operator of its Miramar beach hotel development. Construction of the property is well underway and is scheduled to open in 2018. This will be the third Rosewood Hotel property in Los Angeles, and will be called the Rosewood Miramar Beach Montecito.

“Rosewood, in our opinion, is the premier hotel operating company in the world. They have terrific resorts all over the world, including in the US, and we felt that the level of service that they achieve at their hotels was consistent with where we wanted to take the Miramar,” Matt Middlebrook, EVP of development at Caruso Affiliated, tells GlobeSt.com. “They also have a number of beach resorts, which is obviously what this is, and having experience doing this type of hotel on the shore was something that was attractive to us.” Although Rosewood will be the official hotel operator, the Caruso brand, which is known for its success managing mixed-use properties, will still have significant involvement in the property. “Rick likes to have a say in how to manage his properties, and they were willing to work with us so that together we could ensure that this is one of the premier properties in California, if not the United States,” adds Middlebrook.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.