Two Tucson Marriotts Sold in $1.1 Billion Bulk Joint Venture Sale
Florida-based, Chatham Lodging Trust (NYSE: CLDT), a hotel REIT focused on investing in upscale extended-stay hotels and premium-branded, select-service hotels, has completed the acquisition of a 52-hotel, 6,976-room portfolio from Inland American (Inland). The combined total purchase price was approximately $1.1 billion, before deal costs and funding of escrows. A joint venture comprised of Chatham […]
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