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Discounts Draw Investors | funds, distressed, discounted hotel assets, notes, hotel Group, Hotel Company, hotel assets, private investment firm, acquisitions, Hotel Investors, Hotel REIT, Hotel chain, initial public offering

 
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DEEP DISCOUNTS REEL IN ADDITIONAL BUYERS

A new crop of firms joins the pack of groups, funds and companies looking toward purchasing distressed or discounted hotel assets and notes.  Hotel Group and Hotel Company join forces to buy up to $500M in hotel assets.   Hospitality Management Inc. teams up with a private investment firm that has made $250M of capital available to pursue acquisitions.  Veteran lodging executive forms  Hotel Investors to acquire and develop hotels.  REIT buys a portfolio of Hotels, its first six hotels since completing its initial public offering, and plans to invest in similar hotels throughout the rest of the year.  Newly formed Hospitality Company generates a $40M fund aimed at developing and operating hotels. 


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acquisitions, discounted hotel assets, distressed, funds, hotel assets, Hotel chain, Hotel Company, hotel Group, Hotel Investors, Hotel REIT, initial public offering, notes, private investment firm

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