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Chatham Lodging Acquires SpringHill Suites in Savannah

Chatham Lodging Acquires SpringHill Suites in Savannah

SAVANNAH, Ga.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, announced that it has acquired the 160-room SpringHill Suites by Marriott Savannah Downtown/Historic District for $39.8 million, plus ...

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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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Inland American Acquires Loews New Orleans

Inland American Acquires Loews New Orleans

OAK BROOK, Ill.—Inland American Lodging Group, a wholly owned subsidiary of Inland American Real Estate Trust, announced that it has acquired the 21-story, 285-room Loews New Orleans for a purchase price of $74.5 million, or approximately $261,000 per key. Loews ...

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Chatham Lodging Expands with Denver Acquisition

Chatham Lodging Expands with Denver Acquisition

PALM BEACH, Fla.—Chatham Lodging Trust, a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium branded, select-service hotels, announced that it has acquired the 180-room Hilton Garden Inn Denver Tech Center for a purchase ...

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