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Chatham Lodging Completes 47-Hotel Acquisition in Joint Venture

Chatham Lodging Completes 47-Hotel Acquisition in Joint Venture

PALM BEACH, Fla.—Chatham Lodging Trust today announced that it completed the previously announced acquisition of a 51-hotel, 6,848-room portfolio from a joint venture comprised of Cerberus Capital Management LP and Chatham in two separate transactions. The combined total purchase price ...

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Brookfield Acquires Thayer Lodging Group

Brookfield Acquires Thayer Lodging Group

Toronto-based Brookfield Asset Management has acquired Thayer Lodging Group Inc., a privately held hotel investment company. Since forming its first private equity fund more than two decades ago, Thayer completed 43 hotel investments with a total acquisition cost of approximately ...

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Sage and Whitman Peterson Close Second Portfolio Acquisition

Sage and Whitman Peterson Close Second Portfolio Acquisition

DENVER—Sage Hospitality, a hotel investment and management companies in the U.S., announced the purchase of 11 hotels in partnership with Whitman Peterson. This purchase marks the second of a highly-focused investment venture between Sage and Whitman Peterson, wherein they plan ...

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