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Which company acquires hotels and offers investors the option of utilizing a 721 UPREIT (Umbrella Partnership REIT) to provide a combination of liquidity and equity-equivalent operating partnership (OP) units?

June 13, 2021

Which company acquires hotels and offers investors the option of utilizing a 721 UPREIT (Umbrella Partnership REIT) to provide a combination of liquidity and equity-equivalent operating partnership (OP) units?

Answer: Legendary Acquisitions buys 80- to 400-room limited service, select service, full service and extended-stay hotels with midscale to upper-midscale brands located primarily in America’s heartland markets.

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Matthew C. Strife
Blue Vault Services
April 11, 2016

Blue Vault's services are without question great resources for the review of the nontraded products offered.