Concord Hospitality Sells 13-Hotel Portfolio for $240 Million; Retains Management Under Long-term

Concord Hospitality Sells 13-Hotel Portfolio for $240 Million; Retains Management Under Long-term

Brownstein Attorneys represented Concord Hospitality in the sale of a portfolio of 13 premium-branded, select-service hotels to companies owned by a global investment fund for approximately $240 million in an all-cash transaction. Concord will continue to operate the hotels under a long-term management agreement. The portfolio is comprised of a total of 1650 rooms representing 11 Marriott and two Hilton-branded hotels.

Click here for more information.

Meet The Team

Dustin S. Charapata Associate T 303.223.1236 dcharapata@bhfs.com
Philip A. Gosch Shareholder T 303.223.1170 pgosch@bhfs.com