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Ashford Trust Acquires Lakeway Resort for $33.5 Million

Ashford Trust Acquires Lakeway Resort for $33.5 Million

DALLAS—Ashford Hospitality Trust has signed a definitive agreement to acquire the 168-room Lakeway Resort & Spa in Austin, Texas, for a total consideration of $33.5 million ($199,000 per key). The acquisition is expected to close within the next 30 days. ...

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LaSalle Hotel Properties Acquires Heathman Hotel in Portland

LaSalle Hotel Properties Acquires Heathman Hotel in Portland

BETHESDA, Md.—LaSalle Hotel Properties has acquired The Heathman Hotel in Portland, Ore., for $64.3 million. The company funded the acquisition with cash on hand. Surrounded by corporate and leisure demand generators, the 150-room hotel is located in downtown Portland among ...

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Pebblebrook Hotel Trust Acquires Union Station Hotel

Pebblebrook Hotel Trust Acquires Union Station Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust has acquired Union Station Hotel, Autograph Collection for $52.3 million. The 125-room historic landmark hotel is located on Broadway, in the center of downtown Nashville, Tenn. The property will maintain its association with Marriott’s Autograph Collection ...

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