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Urban Commons Purchases Two Hotels in San Mateo, Calif.

Urban Commons Purchases Two Hotels in San Mateo, Calif.

LOS ANGELES—Urban Commons announced the purchase of the 110-room Comfort Inn and the 110-room Holiday Inn in San Mateo, Calif. The hotels are located in the high-tech enclave of Silicon Valley which surrounds the San Francisco Bay Area. Urban Commons ...

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RLJ Lodging Trust Acquires Residence Inn in Atlanta

RLJ Lodging Trust Acquires Residence Inn in Atlanta

BETHESDA, Md.—RLJ Lodging Trust announced that it has acquired the 78-room Residence Inn Atlanta Midtown Historic located in Atlanta, Ga. In November 2009, the company purchased a mortgage loan collateralized by the hotel for approximately $5.0 million, or approximately $64,000 ...

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Pebblebrook Hotel Trust Acquires The Redbury Hotel

Pebblebrook Hotel Trust Acquires The Redbury Hotel

BETHESDA, Md.—Pebblebrook Hotel Trust announced that it has acquired the award-winning Redbury Hotel for $34 million. The 57-room, all-suite, luxury, full-service hotel is located in the center of Hollywood, Calif. The property will continue to be managed by sbe Hotel ...

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Summit Hotel Properties Acquires Three Hotels

Summit Hotel Properties Acquires Three Hotels

SIOUX FALLS, S.D.—Summit Hotel Properties, Inc. announced the closing of three additional hotel acquisitions: a Residence Inn by Marriott in Salt Lake City, Utah; a Hyatt Place in Long Island, N.Y.; and a Hampton Inn & Suites in Tampa, Fla. ...

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