Manage episode 269486808 series 1287954
In June, Watermark Lodging Trust, a Chicago REIT, sold its Hutton Hotel in Nashville for $70 million. The price is $7 million less than what the REIT said it paid to acquire and upgrade the hotel seven years ago. A month later, Watermark said it signed a deal in which it sold shares worth $200 read more
The post 281 | Rescue Capital: Hotel financiers seek opportunities to invest in distressed assets first appeared on Long Live Lodging.