Source : miamiherald.com
Category : Meeting & Events Hotels In Virginia Beach
By : HANNAH SAMPSON
Posted By : Hotels in Virginia Beach North Courtyard
A New York real estate investment trust has purchased two South Florida Hampton Inn locations from Baywood Hotels for $31 million total. Lightstone Value Plus Real Estate Investment Trust, which is sponsored by the Lightstone Group, bought the 127-room Hampton Inn Miami-Airport West in Doral and the Hampton Inn & Suites Fort Lauderdale-Airport in Hollywood, which has 104 rooms. The deal closed Aug. 30. Mitchell Hochberg, president of The Lightstone Group, said both hotels are in good shape and will get some minor cosmetic work, but no serious renovations are in store.
Category : Meeting & Events Hotels In Virginia Beach
By : HANNAH SAMPSON
Posted By : Hotels in Virginia Beach North Courtyard
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| Meeting & Events Hotels In Virginia Beach |
A New York real estate investment trust has purchased two South Florida Hampton Inn locations from Baywood Hotels for $31 million total. Lightstone Value Plus Real Estate Investment Trust, which is sponsored by the Lightstone Group, bought the 127-room Hampton Inn Miami-Airport West in Doral and the Hampton Inn & Suites Fort Lauderdale-Airport in Hollywood, which has 104 rooms. The deal closed Aug. 30. Mitchell Hochberg, president of The Lightstone Group, said both hotels are in good shape and will get some minor cosmetic work, but no serious renovations are in store.
Source : miamiherald.com/2013/09/16/3631325/new-york-investment-trust-buys.html
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