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Ashford Hospitality Trust buys JV partner's interest in Highland Hospitality portfolio

2015-03-09 16:03:16| Jewelry - Topix.net

The 28-hotel portfolio includes 19 full-service hotels and nine select-service hotels with a concentration in major brands such as Hilton, Marriott, Hyatt and Starwood. In connection with the transaction, the company refinanced 24 of the 28 hotels in the portfolio with a new $1.07 billion non-recourse mortgage loan.

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