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Deal Roundup: The Latest Sales and Acquisitions

Deal Roundup: The Latest Sales and Acquisitions

Xenia Hotels & Resorts, the Orlando-based lodging arm for Inland American Real Estate Investment Trust, announced on Aug. 11 that it has agreed to acquire the Hotel Commonwealth in Boston’s Kenmore Square neighborhood for $136 million. The transaction is expected ...

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Xenia Hotels & Resorts Acquires Hotel Commonwealth

Xenia Hotels & Resorts Acquires Hotel Commonwealth

ORLANDO, Fla.—Xenia Hotels & Resorts, Inc. has announced that it has agreed to acquire the Hotel Commonwealth in Boston, Mass. for a purchase price of $136 million. The luxury independent, boutique lifestyle hotel is located in the Kenmore Square neighborhood ...

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Narsi Properties Acquires North Carolina Homewood Suites

Narsi Properties Acquires North Carolina Homewood Suites

DURHAM/CHAPEL HILL, N.C.—Narsi Properties, a hotel owner/developer/operator based in North Carolina, has announced the acquisition of the 96-suite Homewood Suites by Hilton Durham-Chapel Hill/I-40 for an undisclosed sum. The hotel is in the midst of a major renovation to upgrade ...

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Starwood Capital Group Acquires The Roxburghe Hotel

Starwood Capital Group Acquires The Roxburghe Hotel

GREENWICH, Conn.—Starwood Capital Group announced that it has acquired, through a controlled affiliate, The Roxburghe, a landmark hotel in Edinburgh, Scotland. Terms of the transaction were not disclosed. The Roxburghe comprises a series of townhouses originally built in 1791, as ...

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Noble Investment Group Acquires Miami SpringHill Suites by Marriott

Noble Investment Group Acquires Miami SpringHill Suites by Marriott

MIAMI—Noble Investment Group announced the acquisition of the SpringHill Suites by Marriott Miami Airport South. The property, which recently completed a comprehensive renovation, will be the second Miami hotel in Noble’s portfolio. “This acquisition expands Noble’s footprint in Miami’s Airport ...

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