MCR Closes $300 Million Hospitality Fund

MCR Hospitality Fund LP has acquired 11 hotels representing $160 million in transaction volume with an additional five hotels in the pipeline
Source: New feed

Hyatt Centric Santa Barbara Hotel Sold for $90.0 Million

Chesapeake Lodging Trust (NYSE:CHSP announced today that it has entered into an agreement to sell the 200-room Hyatt Centric Santa Barbara located in Santa Barbara, California for a sale price of $90.0 million, or approximately $450,000 per key,
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Comfort Suites Hotel in Fort Wayne, IN Sold for $7.1 Million

Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced the closing on the sale of a legacy hotel asset, the 127-room Comfort Suites located at 5775 Coventry Lane in Fort Wayne, IN, for $7.1 million.
Source: New feed