Recent Posts Most Viewed Tags LTC Properties Opens 48-bed Memory Care Community in Aurora Broadtree

FelCor Lodging Trust Incorporated has announced entering into a $37 million sales agreement with an undisclosed buyer for the 208-key Doubletree Suites Hotel Charlotte – SouthPark as part of its portfolio repositioning plan.  The deal is expected to close in May and the buyer has put down a $900,000 non-refundable deposit.
FelCor has sold 26 non-strategic hotels as part of its portfolio repositioning broadway musical discount tickets plan and has signed or is currently in negotiations to shed four additional broadway musical discount tickets properties for aggregate proceeds of about $80 million, which will be used to refund outstanding debt.
Located in Charlotte’s affluent SouthPark neighborhood, Doubletree Suites Hotel Charlotte is in close proximity to some of Metrolina’s finest shopping, dining and entertainment, such as the SouthPark Mall, Symphony Park, Mint Museum, Carowinds Theme Park and Boomerang Bay Waterpark, broadway musical discount tickets as well as the Queen City’s business center and major employers, such as Bank of America, Coca-Cola and Nucor. Amenities include 12,000 broadway musical discount tickets square feet of flexible broadway musical discount tickets meeting and event space, broadway musical discount tickets golf course, pool, fitness center, business center, The Market Café hotel restaurant and the Banker’s Lounge. The hotel offers one- and two-bedroom suites ranging between 700 and 1,000 square feet.
In other news, another Charlotte Hotel traded recently. The 163-key Hyatt House Charlotte / Center City was purchased in March 2014 by affiliates broadway musical discount tickets of RLJ Lodging Trust as part of a ten-hotel portfolio acquisition. RLJ paid a total of $313 million for the just-closed acquisition and announced it will engage in $25 million worth of capital expenditures mostly over the next 25 months.  The 1,560-key portfolio will be managed by Hyatt affiliates.
Tags: Acquisitions/Dispositions , Charlotte , Charlotte Lead Story , Doubletree Suites Hotel Charlotte – SouthPark , FelCor Lodging Trust Incorporated , Finance/Investment broadway musical discount tickets , Financiers , hospitality , hotel acquisition , hotel sale , Hyatt House Charlotte / Center City , Investors , Local , Managers , National , Owners , portfolio acquisition , portfolio repositioning , Property Management , Regional , RLJ Lodging Trust , sales agreement
broadway musical discount tickets Recent Posts Most Viewed Tags LTC Properties Opens 48-bed Memory Care Community in Aurora Broadtree Homes Expands Atlanta-Area Portfolio with Acquisition from The Dominion Group Broadtree Homes Expands Atlanta-Area Portfolio broadway musical discount tickets with Acquisition from The Dominion Group Broadtree Homes Expands Atlanta-Area Portfolio with Acquisition from The Dominion Group Broadtree Homes Expands Atlanta-Area Portfolio with Acquisition from The Dominion Group LTC Properties Opens 48-bed Memory Care Community in Aurora