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Grace Hotels Acquires La Margna Hotel in St. Moritz

Grace Hotels Acquires La Margna Hotel in St. Moritz

NEW YORK—Grace Hotels, the privately owned luxury hotel group, has acquired the historic La Margna hotel in the heart of St. Moritz, Switzerland. During 2014 the company will undertake an extensive program of renovation and transformation to create Grace St. ...

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Value Place Acquires 22 Properties for $115 Million

Value Place Acquires 22 Properties for $115 Million

WICHITA, Kan.—Value Place announced that it has acquired 22 operating properties owned by its largest franchisee, a partnership comprised of Angelo, Gordon & Co. and other prominent real estate investors. The $115 million purchase price includes the assumption of existing ...

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