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RLJ Lodging Trust Acquires Residence Inn in Atlanta

RLJ Lodging Trust Acquires Residence Inn in Atlanta

BETHESDA, Md.—RLJ Lodging Trust announced that it has acquired the 78-room Residence Inn Atlanta Midtown Historic located in Atlanta, Ga. In November 2009, the company purchased a mortgage loan collateralized by the hotel for approximately $5.0 million, or approximately $64,000 ...

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Residence Inn Takes Over Warehouse in Boston

Residence Inn Takes Over Warehouse in Boston

BOSTON—A new 120-suite Residence Inn by Marriott opened this week in downtown Boston’s Seaport District, transforming a six-story historic 1900s building into a modern-day hotel. The structure was once likely used for sugar and molasses warehousing. The Residence Inn Boston ...

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Residence Inn Hotel To Open In Little Rock, Ark.

Residence Inn Hotel To Open In Little Rock, Ark.

LITTLE ROCK, Ark.—The 107-suite Residence Inn by Marriott in Little Rock, Ark., is scheduled to open this week. The property will operate as a Marriott franchise, owned by McKibbon Hotel Group and managed by McKibbon Hotel Management of Tampa, Fla. ...

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Lightstone Value Plus REIT Buys Baton Rouge Hotels

Lightstone Value Plus REIT Buys Baton Rouge Hotels

NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) announced the acquisition of two Marriott-branded hotels in Baton Rouge, Louisiana for $15.6 million. The properties acquired are the Courtyard by Marriott and Residence Inn by Marriott, both in Baton Rouge. ...

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RLJ Lodging Trust Acquires Downtown Houston Hotels

RLJ Lodging Trust Acquires Downtown Houston Hotels

BETHESDA, Md.—RLJ Lodging Trust announced that it acquired the historic Humble Oil Building complex in downtown Houston, for a purchase price of $79.5 million, or approximately $151,000 per key. The Humble Oil Building is a three-tower complex that occupies an ...

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