Liverpool Hotel Indigo sold for $17M

The Hotel Indigo in Liverpool, U.K., has been purchased for over $17 million by a New York investor looking to expand their portfolio.

The hotel, situated on Chapel Street, was bought by MCAP Global Finance, an asset management company with offices in New York, Singapore and London. Christie + Co, who handled the sale, confirmed the hotel was bought by the investors for a “substantial offer in excess of the $17-million asking price.”​ An undisclosed hotel management company, owned by MCAP, have also bought out the contract to operate the hotel from current operators IHG.

The 151-room hotel opened in 2011 and was reported to have cost $23 million to develop. It contains a Marco Pierre White restaurant.

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