Sixth Street Acquires The Clancy Hotel in San Francisco

San Francisco, November 13, 2025 – Sixth Street, a global investment firm, today announced it has acquired The Clancy, a 410-room lifestyle hotel in San Francisco, from Braemar Hotels & Resorts for $115 million.

The Clancy is located in the heart of San Francisco’s South of Market (“SoMa”) neighborhood, proximate to multiple demand drivers including the Moscone Center, Oracle Park, and a dense collection of established and upcoming technology tenants within the downtown core. The hotel features modern, spacious rooms, 8,700 square feet of flexible meeting space, two food and beverage options, and 140 owned parking spaces.

“This investment reflects our deep conviction in the San Francisco recovery story, which we believe is in its early innings,” said Marcos Alvarado, Partner and Head of US Real Estate at Sixth Street. “Improving leisure and convention travel is bolstered by strong tenant demand from expanding AI firms, which provides a constructive backdrop for future performance at The Clancy.”

Sixth Street completed this transaction in partnership with Riller Capital. The fee-simple hotel will continue to be managed by Marriott International as an Autograph Collection hotel under Sixth Street’s ownership.

About Sixth Street

Sixth Street is a global investment firm with over $115 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 700 team members including over 300 investment professionals around the world.¹ For more information, and additional disclosures, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

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¹Total Sixth Street employees as of 10/31/2025