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Chesapeake Buys $129M Chicago Center
切萨皮克住宿信任买了W芝加哥-City Center for $128.8 million.
Chesapeake Lodging Trusthas bought theW Chicago -City Centerfor $128.8 million. The property, which is located in Chicago, was acquired fromStarwood Hotels & Resorts Worldwide.
Maryland-based Chesapeake funded the acquisition with earnings from its recent equity sale and a borrowing under its revolving credit facility. Starwood will continue to manage the hotel under the W banner.
Click here for the release fromBusiness Wire.