Real Estate/Development
Jul. 22, 2011
Real Estate Movers & Dealmakers
A real estate investment trust bought five hotels - including two in California - for $195 million. Chatham Lodging Trust paid $255,000 for each of the 764 rooms comprising the five properties.
Five Hotels Sell for $195 Million in Cross-Country Grab
A real estate investment trust bought five hotels - including two in California - for $195 million. Chatham Lodging Trust paid $255,000 for each of the 764 rooms comprising the five properties.
The hotels include the 200-room Residence Inn Anaheim in Garden Grove; the 192-room Residence Inn San Diego in Mission Valley; the 146-room Homewood Suites on the Riverw...
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