1/28/2008

Richmond, Va.-based Apple REIT Eight has purchased four hotels from a seller affiliated with FTRC Hotel Partners for $87.7 million. The hotels are a Homewood Suites by Hilton in San Jose, Calif.; a Hilton Garden Inn in Sacramento, Calif.; a Courtyard Inn in Cypress, Calif.; and a Homewood Suites in the Seattle area.

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