ARC Hospitality buys 6 East Coast hotels

03/28/2014 | GlobeSt.com

American Realty Capital Hospitality Trust has closed on a $106.5 million acquisition of interests in six hotels located on the East Coast from seller Barcelo Crestline. The deal is ARC's first acquisition and represents the type of assets it plans to target going forward, said President and CEO William Kahane.

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