Norwalk, Conn.-based HEI Hospitality, which announced Thursday its intention to buy the Hilton Long Beach Hotel and Executive Meeting Center in California says it also has its eye on the Portland, Ore., market and other West Coast locations. In June, the company formed the HEI Hospitality Fund, a $275 million private equity investment fund that plans to acquire up to $800 million worth of hotels in the next 24 to 36 months.

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