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ORLANDO-Locally based Liberty Lodging LLC is planning to buildmore than 100 Value Place extended stay properties with the closingof a $360-million debt financing facility with Goldman Sachs.
Liberty Lodging, a subsidiary of Value Place hotel franchiseeLiberty Investment Properties, will build properties in Boston;Central Florida; Denver; Indianapolis; Montgomery, AL.; Providence,RI; Salt Lake City and Springfield, MA. Liberty has launched arecruiting and site acquisition program, and plans to develop 30properties per year over the next three to four years.
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