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American Realty Capital NYRR Acquires Viceroy New York

American Realty Capital NYRR Acquires Viceroy New York

NEW YORK—American Realty Capital New York Recovery REIT (NYRR) announced today that it has acquired a leasehold interest in Viceroy New York located in Manhattan. NYRR acquired this newly constructed hotel for $148.5 million, exclusive of closing costs. The hotel ...

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Inland American Purchases Hyatt Key West Resort and Spa

Inland American Purchases Hyatt Key West Resort and Spa

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, and Hyatt Hotels Corporation announced that Inland American has purchased Hyatt Key West Resort and Spa in Key West, Fla., from a Hyatt affiliate ...

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Readying Your Hotel for Sale

Readying Your Hotel for Sale

With transaction volumes in early 2013 50 percent ahead of the level in early 2012, many owners today are asking themselves if this is the right time to sell. They see very low cost capital that is abundantly available, contributing ...

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