NEW YORK CITY—American Realty Capital Hospitality Trust‘s deal to acquire a select-service hotel portfolio from private equity funds sponsored by Goldman Sachs has undergone some changes since it was first announced. The New York City-based REIT said Wednesday afternoon that the amended and restated deal for the Equity Inns portfolio now encompasses 116 properties rather than the original 126, and whittles down the purchase price from the original $1.925 billion to $1.81 billion.

Both buyer and seller have agreed to the removal of several contingencies that were included in the original purchase and sale agreement reached in early June. The revised deal provides greater certainty of execution, ARC Hospitality said Wednesday, and although the portfolio being acquired from entities indirectly owned by Goldman’s Whitehall real estate funds is now smaller by 10 properties, it will still establish the REIT as one of the largest owners in the select-service space domestically, with 122 hotels encompassing 14,925 keys.

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