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CPA:18 Acquires $72 Million Club Med Resort in Mauritius

CPA:18 Acquires $72 Million Club Med Resort in Mauritius

W. P. Carey announced today that one of its managed non-traded REITs, CPA:18 – Global, has acquired a 266-room resort hotel, La Plantation d’Albion Club Med, located in Albion, Mauritius, for approximately $72 million. The facility is triple net-leased to ...

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Carey Watermark Acquires Staybridge Suites Savannah

Carey Watermark Acquires Staybridge Suites Savannah

NEW YORK—Carey Watermark Investors Incorporated (CWI) announced that it has acquired the Staybridge Suites Savannah Historic District, a 104-room select service hotel located in Savannah, Ga. The hotel is located in Savannah’s Historic District, the largest National Historic Landmark District ...

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BC LYND and CrossHarbor Acquire Six Marriott Hotels

BC LYND and CrossHarbor Acquire Six Marriott Hotels

SAN ANTONIO—BC LYND Hospitality, a full service hotel management and investment company, and CrossHarbor Capital Partners have joined together to extend their respective national hospitality footprints with the acquisition of six Marriott-branded properties. “We see a strong upside with the ...

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