Ashford Hospitality Trust, Inc. announced that it will provide an online audio simulcast of its presentation to the investment community at the Oppenheimer 8th Annual Consumer Growth Conference in Boston, July 8-10, 2008. The Company’s presentation will take place on Thursday, July 10, 2008, at 4:10 p.m. ET.
The live audio broadcast of Ashford Hospitality Trust’s [...]
Five Arizona hotels, including Tucson El Conquistador Golf & Tennis Resort and the Arizona Biltmore Resort & Spa in Phoenix, will be sold in a $6.6 billion national deal that ranks as one of the largest hotel transactions this decade.
CNL Hotels & Resorts Inc. of Orlando is liquidating its assets, and eight of its most [...]
Five Arizona hotels will be sold for six-point-six billion dollars, making it one of the largest hotel sales this decade.
CNL Hotels & Resorts Inc. of Orlando, Fla., announced Friday that Morgan Stanley Real Estate of New York is buying the Arizona Biltmore Resort and Spa and J-W Marriott Desert Ridge Resort and Spa in Phoenix.
The [...]
CNL Hotel & Resorts Inc., the nation’s second-largest hotel real estate investment trust, said Friday it agreed to be bought in two separate deals worth about $5.53 billion combined.
Orlando-based CNL said Morgan Stanley Real Estate would pay about $3.13 billion, or $20.50 per share, in cash. Including assumed debt, the total transaction is valued at [...]
Ashford Hospitality Trust, Inc. :
Acquisition Highlights:
* Comprised of 24 full-service, upper-upscale hotels and 27 premium select-service hotels in 31 markets across 18 states, the District of Columbia and Canada
* Significantly diversifies Ashford’s asset portfolio in terms of geography, brand and management company mix
* [...]
An Orlando hotel real estate investment trust has agreed to sell itself, which means a new owner for the Doral Golf Resort & Spa.
The Marriott resort in Miami is part of the eight-property portfolio of CNL Hotels & Resorts.
The buyer is Morgan Stanley Real Estate. The group is to pay $20.50 a share in cash, [...]
The Arizona Biltmore Resort & Spa and the JW Marriott Desert Ridge Resort & Spa will become part of the Morgan Stanley family under a $6.6 billion acquisition deal announced Friday.
Orlando, Fla.-based CNL Hotels & Resorts Inc. has signed a deal to be acquired by Morgan Stanley Real Estate for $20.50 per share in cash, [...]
CNL Hotels & Resorts, Inc., the nation’s second largest hotel real estate investment trust, announced today that it has signed a definitive agreement to be acquired by Morgan Stanley Real Estate. The transaction provides that funds managed by Morgan Stanley Real Estate will acquire CHR for $20.50 per share in cash, representing an aggregate purchase [...]
Ashford Hospitality Trust Inc., a real estate investment trust focused on hotel properties and mortgages, said Friday it is purchasing a 51-hotel portfolio from CNL Hotels & Resorts Inc. for $2.4 billion in cash.
The deal is in connection with Morgan Stanley Real Estate’s acquisition of CNL for about $3.13 billion, or $20.50 per share in [...]
CNL Hotel & Resorts Inc., the nation’s second-largest hotel real estate investment trust, said Friday it agreed to a takeover offer from Morgan Stanley Real Estate valued at about $3.13 billion.
Morgan Stanley will receive a portfolio of eight luxury properties, including the Grand Wailea Resort Hotel & Spa in Wailea, Hawaii; The Ritz-Carlton Orlando and [...]
Ashford Hospitality Trust Inc. plans to buy a 51-hotel portfolio from Morgan Stanley Real Estate for $2.4 billion in cash.
The hotels are being purchased in connection with Morgan Stanley’s purchase of CNL Hotels and Resorts, a public, nonlisted hotel real estate investment trust based in Orlando, Fla.
The deal is expected to close in [...]
Countrywide Commercial Real Estate Finance announced it has closed two loans totaling $115 million to Westcore Properties, LLC, Angelo, Gordon & Co. and City Center Retail, LLC for the acquisition of two San Francisco Bay Area buildings. Eastdil Secured was the broker on both transactions.
Both properties are located in prime areas where the office market [...]
