Santa Monica’s Shutters on the Beach
An already well-traveled San Diego city retirement fund executive has hit the road again in 2016, picking up luxury hotel, airfare, and food freebies from real estate investment funds doing business with the city. Last year pension-fund investment officer Jamie Hamrick took five free trips, with posh destinations including Manhattan’s Andaz hotel, the Andaz Amsterdam, Shutters on the Beach in Santa Monica, and the Boston Harbor Hotel, having a total value of $12,234, according to her financial disclosure filings. This spring, Hamrick headed back to Santa Monica’s Shutters on the Beach, described by its website as having “a laid back beach house feel with all the perks of a luxury hotel.” The total tab for the two-day jaunt in March was $650.46, picked up by L.A.’s Mesa West Capital. According to Hamrick’s disclosure, the purpose of the travel was for “required due diligence…allowed by the San Diego ethics commission.” The same month Hamrick spent a night at the Resort at Pelican Hill in Newport Beach, which, the hotel boasts, features the “incomparable Coliseum Pool with over a million hand-laid Italian tiles.” Due diligence was again given as the reason for the $568 stay, paid for by CBRE Global Investors of Los Angeles. In April it was off for Boston’s luxury Four Seasons Hotel on a $1326 trip paid for by Alcion Real Estate Partners. “Overlooking Boston’s historic Public Garden and within easy reach of the city’s premier attractions, luxurious Four Seasons Hotel Boston blends elegant simplicity with distinctive New England flair,” boasts the hotel’s website. San Diego’s city pension fund “is an investor in Alcion Real Estate Partners III and sits on the Investor Advisory Committee for this fund,” according to Hamrick’s disclosure, filed May 31.