Tag: hotel sale
This Week’s Hotel Sale and Financing Announcements
Sun Hill Properties Buys Two TownePlace Suites in Colorado
HREC Investment Advisors has arranged the sale of the 99-room TownePlace Suites Denver Southwest, located in...
Hersha Hospitality Trust Closes Sale of Hotel 373
PHILADELPHIA—Hersha Hospitality Trust announced that the company has closed on the previously-announced sale of Hotel 373 in midtown Manhattan for $37 million, or approximately...
Starwood Hotels Sells Aloft Tucson University
STAMFORD, Conn.—Starwood Hotels and Resorts Worldwide Inc. has completed the sale of Aloft Tucson University to Lightstone Value Plus Real Estate Investment Trust II...
RLJ Lodging Trust Sells Additional Hotel for $14.1 Million
BETHESDA, Md.—RLJ Lodging Trust has sold an additional non-strategic hotel, the 182-room Hilton Mystic in Mystic, Conn., for approximately $14.1 million or $77,200 per...