Transactions
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Laurus Corp. buys Marriott in Woodland Hills, Calif.   29 Jul, 2014

Laurus Corporation, a U.S.-based private real estate investment and development firm, has acquired the Marriott Warner Center hotel in Woodland Hills, Calif., for an undisclosed amount. Plans call for a $10-million renovation of public areas and guestrooms.More>>

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Value Place in Little Rock sells for $4 million   28 Jul, 2014

A 121-room Value Place hotel in West Little Rock, Ark., has been sold for $4.08 million, reports Arkansas Business. Value Place Little Rock AR West bought the Value Place Hotel at 21 Remington Drive from VP Partners 2 LLC. More>>

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Starwood Capital continues European push   28 Jul, 2014

Starwood Capital has been busy in Europe—snatching up hotels and selling others. The latest buy is also the biggest deal for a hotel to go down in Edinburgh, Scotland since 2007. More>>

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Kempinski takes over management of Kigali's Hôtel Des Milles Collines   23 Jul, 2014

Kempinski Hotels officially took over the management of the historic Hôtel Des Milles Collines in Rwanda’s capital city of Kigali at the beginning of the month. The renamed Hôtel Des Milles Collines by Kempinski will be the European hotel company’s ninth hotel operating on the continent, with...More>>

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Garrison Investment buys NOLA hotel for $10.75M   23 Jul, 2014

New York real estate investment firm Garrison Investment Group has made its first acquisition in the New Orleans market with the purchase the 129-room O'Keefe Plaza Hotel for $10.75 million. More>>

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Today's top hotel transactions   22 Jul, 2014

Hotels in the U.S continue to trade at a high rate with prospective buyers continuing to look for positions within an industry that is benefitting from high demand and low supply growth, which is underpinning propitious market fundamentals. Here's a look at the most recent hotel transactions.More>>

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Denver billionaire closes on Dublin Westin   21 Jul, 2014

Irish eyes are smiling on Denver billionaire John Malone, who has completed a reported €65 million deal (roughly $88 million) for Dublin, Ireland's Westin Hotel. The property is the latest addition to Malone’s Irish portfolio, which also includes the Trinity City Hotel and the Hilton Dublin.More>>

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A look at the ins and outs of the investor-lender rapport   18 Jul, 2014

Understanding the characteristic peculiarities of an investor-lender relationshipMore>>

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Pebblebrook checks back into Portland with Nines buy   18 Jul, 2014

Pebblebrook Hotel Trust has acquired the 331-room Nines Hotel in Portland, Ore., for $127 million, or roughly $384,000 per key. The hotel is located across from Pioneer Square, in the heart of downtown. It will remain associated with Starwood’s Luxury Collection and operated by Sage Hospitality. More>>

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Interstate acquires Rim Hospitality and its nearly 70 management contracts   18 Jul, 2014

Interstate Hotels & Resorts, one of the largest global hotel management companies, has acquired the management agreements of Rim Hospitality, which accounts for nearly 70 hotels and more than 10,600 rooms.More>>




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