Tag: hotel acquisition
Classic Hotels & Resorts Acquires Laguna Cliffs Inn
Phoenix, Ariz.—Classic Hotels & Resorts has acquired The Laguna Cliffs Inn located in Laguna Beach, Calif. The boutique property is the newest addition to...
Trigild and Blu Hotel Investors Acquire Second Hotel
SAN DIEGO—Expanding their Southern California hotel portfolio, San Diego-based Trigild and Santa Barbara-based Blu Hotel Investors have completed the $16.5 million acquisition of the...
LaSalle Hotel Properties Acquires Hotel Vitale
BETHESDA, Md.—LaSalle Hotel Properties has acquired Hotel Vitale in San Francisco, Calif., for $130 million. The company funded the acquisition with borrowings from its...
Carey Watermark Acquires Hyatt Place Austin Downtown
NEW YORK—Carey Watermark Investors, a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired...
SoTHERLY Hotels Acquires Georgian Terrace Hotel
WILLIAMSBURG, Va.—SoTHERLY Hotels Inc. has acquired the Georgian Terrace Hotel, an adjacent 698-space parking structure, and a 0.6 acre development parcel for $61 million....