Residence Inn by Marriott BostonWatertown
WATERTOWN, MA—Summit Hotel Properties has acquired the 150-roomResidence Inn by Marriott Boston Watertown for $71 million or atapproximately $473,000 per key.
The Austin, TX-based hotel REIT also reports that it has closedon the sale of the 148-room Hyatt Place Fort Myers/at the Forum inFort Myers, FL for $16.5 million or approximately $111,000 perkey.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
