Big Deals, October 2007
By Staff -- HOTELS Magazine, 10/1/2007
| Property Name |
Est. Sales Price US$ |
# of Rooms |
Month of Sale |
Buyer |
Seller |
Comments |
| The Marque Portfolio (Australia) |
65 mil. |
290 |
Oct. 07 |
Primespace Property Investment & Private Investor |
Grand Hotel Group |
|
| Holiday Inn SoHo (Manhattan) |
128.6 mil |
227 |
Oct. 07 |
The Procaccianti Group |
Highgate Hotels Inc. |
|
| Radisson Hill Country Resort & Spa (San Antonio) |
34.5 mil. |
227 |
Oct. 07 |
The Dow Hotel Company and The Prudential Insurance Company of America |
FFI Real Estate LLC NE |
|
| Salish Lodge & Spa (Oregon) |
63 mil. |
89 |
Oct. 07 |
Muckleshoot Indian Tribe |
Cornerstone Real Estate Advisers |
|
| The Fairmont Acapulco Princess, The Fairmont Pierre Marques and The Fairmont Hamilton Princess |
N/D |
1,762 |
Oct. 07 |
Goodman Hospitality Investments |
Fairmont Hotels & Resorts Inc. |
|
|
N/D = Not Disclosed
Copyright (c) 2007 Global Hospitality Resources, Inc., San Diego, CA. Used with permission.