Blackstone completes $186 million purchase of 15 hotels

12/27/2013 | Commercial Property Executive

Blackstone Real Estate Advisors has closed on a deal to acquire 15 lodging properties in seven U.S. states for $186 million. The hotels are select-service properties under brands that include SpringHill Suites by Marriott, Courtyard by Marriott, Holiday Inn Express and Hampton Inn, among others. The properties offer a total of 1,642 rooms.

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