Located just north of Atlantic City, the Marriott Seaview comeswith two championship golf courses, the Donald Ross Bay Course andthe Toomey and Flynn Pines Course. Also part of the on-site packageare 27,000 sf of meeting space and a new 9,900-sf ballroom,completed this past May.

"LaSalle Hotel Properties, a REIT, cannot take advantage of theredevelopment options on the adjacent 120 acres, since their focusis income-producing hotel real estate," Alan Tantleff, an EVP inJLL Hotels' New York City office, tells GlobeSt.com.

"In addition, Atlantic City is booming, so the owner thought itwas a good time to capitalize on the city's renaissance," addsTantleff, who declined to put an asking price on the asset. Callsseeking estimates of the property's value were not returned.

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