Olson Capital Acquires Prescottonian Hotel in Prescott, AZ, for Yield Crowd

LAGUNA HILLS, Calif. - July 20, 2022 - ( ) Olson Capital Investments is a private real estate investment firm owned by Obin and Amariah Olson. Yiel...

July 21, 2022
7:22 PM

LAGUNA HILLS, Calif. - July 20, 2022 - ( ) Olson Capital Investments is a private real estate investment firm owned by Obin and Amariah Olson. Yield Crowd is a portal to buy real estate-backed YIELD tokens on the blockchain. After months of review, Olson Capital Investments just acquired the Prescottonian, a 121-room Best Western-flagged hotel in Prescott, Arizona. Commenting on their new acquisition, principal co-founder Amariah Olson stated, 'We are excited to finally acquire this property. The property is stabilized and in excellent condition, and we were able to secure it at an attractive cap rate basis.