Lodging Leaders
281 | Rescue Capital: Hotel financiers seek opportunities to invest in distressed assets
August 12, 2020
In June, Watermark Lodging Trust, a Chicago REIT, sold its Hutton Hotel in Nashville for $70 million. The price is $7 million less than what the REIT said it paid to acquire and upgrade the hotel seven years ago. A month later, Watermark said it signed a deal in which it sold shares worth $200 read more
Atlanta, Georgia
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