X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PALM BEACH, FL-A hotel real estate investment trust, Chatham Lodging Trust, has acquired the Residence Inn by Marriott – New Rochelle, New York, for an amount of $21 million or about $169,000 per unit.

Since April 2010 IPO, the acquisition of this upscale extended-stay hotel is the 12th one for the company. The Residence Inn by Marriott, a 10-story hotel, is situated at 35 LeCount Place in New Rochelle. It contains 124 suites, fully equipped kitchens and high-speed Internet access. For the full story, go to Florida Real Estate Journal.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.