Real Estate/Development
Jul. 25, 2013
Real Estate Deals
Paul Hastings LLP represented an affiliate of Conn.-based global investment firm Starwood Capital Group in the acquisition of InTown Hospitality Corp. for $735 million, including a $609 million assumption of existing mortgage debt.
Paul Hastings advises on $735 million sale of hotel chain
Paul Hastings LLP represented an affiliate of Conn.-based global investment firm Starwood Capital Group in the acquisition of InTown Hospitality Corp. for $735 million, including a $609 million assumption of existing mortgage debt. The seller runs hotel chain InTown Suites, which operates 138 extended-stay properties with approximately 18,000 rooms across 21 states.
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