Goldman Sachs Group Inc. is selling 149 hotels acquired during the last 10 years to Moody National REIT Inc. for $1.73 million, according to Bloomberg News. The report comes from two anonymous sources who are aware of the transaction.
The purchase of the limited-service hotels is largest deal for Moody National REIT since it began buying hotels. It will increase assets under management to about $2.5 billion.
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