Thank you for sharing!

Your article was successfully shared with the contacts you provided.

RICHMOND-Apple REIT and White Lodging Services have closed a deal in which White Lodging is transferring 16 of its Marriott and Hilton affiliated hotels in seven states to Apple REIT. As part of the agreement, the properties will remain under a long-term management agreement with White Lodging. These 16 properties bring Apple REIT’s total ownership of hotels to more than 240 across the country.

Based in Merrillville, IN, White Lodging began its relationship with Apple REIT in 2005, when Apple REIT acquired its Marriott Hotel in Boulder, CO. White Lodging is now managing 31 hotels for Apple REIT, according to Deno Yiankes, president and CEO of investments and development at the company.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.