HREC Arranges Sale of Three Sonesta Hotels in Michigan
DENVER, Colorado; DETROIT, Michigan; ATLANTA, Georgia—HREC Investment Advisors announced it has arranged the sale of the 94-room Sonesta Simply Suites Detroit – Novi and the 122-room Sonesta Select Detroit – Novi, located in Novi, Michigan and the 148-room Sonesta Select Detroit – Auburn Hills, located in Auburn Hills, Michigan. A Michigan-based hotel owner/operator has acquired all three assets. HREC Investment Advisors exclusively represented an affiliate of Service Properties Trust (SVC) as the seller in this transaction. The […] The post HREC Arranges Sale of Three Sonesta Hotels in Michigan appeared first on LODGING Magazine.

DENVER, Colorado; DETROIT, Michigan; ATLANTA, Georgia—HREC Investment Advisors announced it has arranged the sale of the 94-room Sonesta Simply Suites Detroit – Novi and the 122-room Sonesta Select Detroit – Novi, located in Novi, Michigan and the 148-room Sonesta Select Detroit – Auburn Hills, located in Auburn Hills, Michigan. A Michigan-based hotel owner/operator has acquired all three assets. HREC Investment Advisors exclusively represented an affiliate of Service Properties Trust (SVC) as the seller in this transaction. The […]
The post HREC Arranges Sale of Three Sonesta Hotels in Michigan appeared first on LODGING Magazine.