Apple REIT Eight buys 7 hotels for $107.1 million

10/8/2008 | GlobeSt.com

The billion-dollar Apple REIT Eight has spent $107.1 million to purchase a portfolio of seven Marriott and Hilton hotels from Newport Hospitality Group. Newport will continue as manager of the properties, which include a 125-room Courtyard by Marriott in Harrisonburg, Va., and a 131-room Hampton Inn in Bowling Green, Ky.

View Full Article in:

GlobeSt.com

Published in Brief: