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RANCHO MIRAGE, CA-Treasure Mountain Holdings LLC, a consortium of American and Chinese investors, has acquired the 120-room Hilton Garden Inn located on Highway 111 here in Rancho Mirage, CA. The location is the market’s main commercial route, in the Coachella Valley community of Rancho Mirage.

Although the sales price was not disclosed, we did learn that the property, which was widely marketed by CBRE Hotels, garnered heavy interest due to its prime Rancho Mirage location, Hilton brand and quality of construction.

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