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Inland American Acquires Two Andaz Hotels

Inland American Acquires Two Andaz Hotels

OAK BROOK, Ill.—Inland American Lodging Group (“IALG”), a wholly owned subsidiary of Inland American Real Estate Trust (“Inland American”), and Hyatt Hotels Corporation announced that IALG has acquired a portfolio of two Andaz hotels for approximately $115 million. The hotels, ...

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Hotel Market Insight: Santa Monica

Hotel Market Insight: Santa Monica

Santa Monica, Calif., has gone from beach town to boom town over the past two decades. From the advent of Silicon Beach to the tourist mainstay of the Santa Monica Pier, the city has emerged as a hot spot for ...

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Inside Financing: Filling the Cap Stack Gap

Inside Financing: Filling the Cap Stack Gap

Putting together a hotel capital stack can be like assembling a puzzle with moving parts that must come together simultaneously. Even with great availability of low cost senior debt today, we still see a lot of projects suffering from a ...

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AR Capital Purchases Majority Stake in Crestline

AR Capital Purchases Majority Stake in Crestline

NEW YORK—AR Capital, LLC announced that it has completed the purchase of a controlling interest in Crestline Hotels and Resorts from Grupo Barcelo, a hotel company in its third generation of family ownership headquartered in Majorca, Spain. Crestline currently manages ...

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