Hotel Transactions

* Noble Investment: The Noble Investment Group acquired the Courtyard by Marriott Columbus Downtown near The Ohio State University. The 149-room hotel is in the city’s Arena District.

* Santa Ana: Trigild acquired the 121-room Santa Ana Hampton Inn & Suites in partnership with Blu Hotels and Pacifica Real Estate Group for an undisclosed price. A planned $1-million renovation is in the works.

* HEI Hotels: The 170-room Stoneleigh Hotel in Dallas was acquired by HEI Hotels & Resorts. HEI also bought the 115-suite Residence Inn Clearwater Downtown in Clearwater, Fla.

* Far East: The Far East Hospitality Trust entered into a sale and purchase agreement with the Straits Trading Company to acquire the Rendezvous Grand Hotel Singapore and Rendezvous Gallery in Singapore for approximately $213 million.

* Hyatt Union: Hersha Hospitality Trust closed on the Hyatt Union Square New York from developer McSam Hotel Group for $101 million.

* Residence Inn: Inland American Lodging Group acquired the 14-story, 228-room Residence Inn by Marriott Denver City Center and adjoining 448- space parking garage for $80 million.

* Modus Hotels: Washington D.C.’s 75-room Normandy Hotel was acquired by Modus Hotels for $16 million.

* Radisson Blu: Hospitality Property Fund entered into a sale agreement with Savana Property to acquire the Radisson Blu Gautrain hotel in Johannesburg, South Africa, for approximately $48 million.

* W New Orleans: Starwood Hotels & Resorts completed the sale of the W New Orleans to Chesapeake Lodging Trust for $65 million. The W New Orleans – French Quarter was earlier sold to Chesapeake Lodging Trust in March 2013 as well. Chesapeake Lodging will renovate the 410-room property.

* Grace Hotels: Grace Hotels entered the North African region with the acquisition of the Les Terres M’Barka boutique hotel. The 18-suite property will reopen in the fourth quarter of 2013 after renovation.

* GF Management: The 123-room Hilton Garden Inn Orlando North/Lake Mary was acquired by GF Management affiliate HGILM Associates. The hotel will remain open during a $2 million renovation.

* Ashford Hospitality: The 142-room Pier House Resort and Caribbean Spa in Key West, Fla., was acquired by Ashford Hospitality Trust for $90 million. Remington Lodging will replace the current management.

* Wyndham reflag: A Los Angeles-based private real estate investment and development firm acquired the 393-room Baltimore Hunt Valley Inn in Hunt Valley, Md., for an undisclosed amount. The owner plans to invest $9.5 million.

* Manchester Marriott: The 148-room Marriott Victoria & Albert Hotel in Manchester, UK, was sold for approximately $30 million to an undisclosed buyer. The hotel was sold by Jones Lang LaSalle.

* Carey Watermark: Carey Watermark Investors acquired the 133-room Hampton Inn Birmingham-Colonnade in Alabama for $14.4 million. The hotel will reportedly not change its flag.

* Anguilla Hotel: Adventurous Journeys Capital Partners acquired the 55-room Malliouhana Hotel & Spa in Anguilla for an undisclosed amount.

* Back Bay: Loews Hotels & Resort acquired the 225-room Black Bay Hotel in Boston. The 356-room hotel will convert to the Loews Hotels brand, with an $8-million renovation plan.

* La Jolla: Interwest Capital of La Jolla, Calif., purchased the 249-room Crowne Plaza San Marcos Golf Resort hotel in Chandler, Ariz., for $11 million.

* RockBridge: RockBridge Partners, a division of RockBridge, and Concord Hospitality Enterprises, acquired the 167-room Renaissance Meadowlands Hotel. The hotel will undergo a $5.25-million renovation.

* Houston Courtyard: Chatham Lodging Trust acquired the 197-room Courtyard by Marriott Houston Medical Center hotel in Houston for $34.75 million. The hotel is continuing a $7.1-billion capital investment planned through 2014.

* Waldorf Astoria: GIC Real Estate, the real estate arm of the Government of Singapore Investment Corporation, completed its purchase of the 740-room Arizona Biltmore Resort and Spa in Phoenix; the 780-room Grand Wailea Resort in Maui, Hawaii; and the 796-room La Quinta Resort & Club, La Quinta, Calif. KSL Group will act as asset manager.

Suggested Articles

Before the global brands roll into Madrid, consider that what the consumer considered to be luxury has evolved in recent years.

As of January 1, the hotel will formally be rebranded as the InterContinental Shenzhen Dameisha Resort.

The deal gives Onomo a presence in 15 countries with 4,300 guestrooms and a pipeline of an additional 3,000 rooms.