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Deal Roundup: CI Capital Acquires AlliedPRA, and More

Deal Roundup: CI Capital Acquires AlliedPRA, and More

An affiliate of New York-based private equity firm CI Capital Partners has acquired a majority interest in AlliedPRA, a destination management company, from UK private equity firm sector Core Capital Partners LLP. AlliedPRA’s management team still has significant equity ownership ...

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Woodbine Legacy Investments Buys W Atlanta-Buckhead

Woodbine Legacy Investments Buys W Atlanta-Buckhead

DALLAS—Woodbine Legacy Investments (WLI) purchased W Atlanta-Buckhead, a 12-story, 291-room full-service hotel in a 13-million-square-foot mixed-used district. W Atlanta-Buckhead marks the second acquisition for WLI, a private real estate fund created by Woodbine Development Corporation. Marriott International will continue to serve as the ...

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Wyndham To Acquire AmericInn

Wyndham To Acquire AmericInn

Yesterday, the Wyndham Hotel Group announced plans to acquire the AmericInn hotel brand and its management company, Three Rivers Hospitality, from Northcott Hospitality for $170 million. AmericInn will become the 20th brand in Wyndham’s portfolio, joining shortly after the launch ...

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Avison Young Hospitality Group Announces Nine Closings

Avison Young Hospitality Group Announces Nine Closings

ATLANTA—The Avison Young Hospitality Group announced that it has brokered nine hotel transactions in June, including one full-service hotel and eight select-service hotels. Marriott, IHG, and Choice franchise systems were notable hotel brands that the hospitality group helped close. Assets ...

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AHIP REIT Acquires 18 U.S. Hotels in the Northeast

AHIP REIT Acquires 18 U.S. Hotels in the Northeast

VANCOUVER, B.C.–American Hotel Income Properties REIT LP (AHIP) announced that it has completed the $407.4 million acquisition of 18 branded Marriott and Hilton hotels with a total of 2,187 guestrooms. The targeted portfolio of hotels is concentrated in the Northeastern U.S. and ...

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