Tag: REIT
Inland American Acquires Two Andaz Hotels
OAK BROOK, Ill.—Inland American Lodging Group (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust (“Inland American”), and Hyatt Hotels Corporation announced...
Inland American Purchases Two Westin Hotels for $220 Million
OAK BROOK, Ill.—Inland American Lodging Group, Inc., a wholly owned subsidiary of Inland American Real Estate Trust, Inc., announced that it has acquired two...
Lubert-Adler Sells Two Hotels to Carey Watermark Investors
PHILADELPHIA—Lubert-Adler of Philadelphia, Penn., has sold two hotels comprising 647 keys to New York City-based Carey Watermark Investors for a total of $156.6 million....
Ashford Trust Enters Into Nine New Franchise Agreements
DALLAS—Ashford Hospitality Trust announced that as part of the company's ongoing asset management initiatives, it has entered into a franchise agreement to convert the...
Lightstone Value Plus REITs Buy Four Arkansas Hotels
NEW YORK—Lightstone Value Plus Real Estate Investment Trust (LVPR) and Lightstone Value Plus Real Estate Investment Trust II (LVPR II) announced the acquisition of...