Hotel - National
MCR, BLT Close $648M Hotel Portfolio Financing
A Bank of America-led consortium provided the funding, which is secured by a 53-property, 5,958-key collection of lodging properties operating under the Marriott and Hilton brands.
Pebblebrook Raises $1.8B for LaSalle Merger
Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.