February 8, 2017
Carey Watermark Investors Sells Three Hotels
Carey Watermark Investors Sells Three Hotels On February 1, 2017, Carey Watermark Investors Incorporated, or CWI, sold its 100% ownership interests in three non-core assets, the Hampton Inn Frisco Legacy …

Read more

newsalert

Carey Watermark Investors Sells Three Hotels

Featured News Image_0010_Hospitality_02_MariottKansas

On February 1, 2017, Carey Watermark Investors Incorporated, or CWI, sold its 100% ownership interests in three non-core assets, the Hampton Inn Frisco Legacy Park in Frisco, Texas, the Hampton Inn Birmingham Colonnade in Birmingham, Alabama and the Hilton Garden Inn Baton Rouge Airport in Baton Rouge, Louisiana, to an unaffiliated third-party for a contractual sales price of $33.0 million and net proceeds of approximately $7.7 million.

The REIT currently owns 31 hotels, including Courtyard, Equinox, Hampton Inn, Hilton Garden, Holiday Inn, Hyatt, Marriott, Ritz Carlton and Westin flags, with over 8,200 rooms, located in 15 states.   

didyouknow_sponsorfocus-green

Click here to learn more about W. P. Carey.

Recent

Inland and University Partners Form Strategic Student Housing Relationship

Inland and University Partners Form Strategic Student Housing Relationship

“We are thrilled to work with University Partners, a proven leader and innovator in the student housing industry, as we continue to grow IPC’s platform with best-in-class, institutional quality student housing assets,” said Keith Lampi, president and chief executive officer of IPC.

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now