A Rhode Island-based hotel investor unloaded a portfolio of four Manhattan hotels for $489.8 million. A fund managed by MCM, formerly Magna Capital Management, sold the portfolio of nonunion hotels to ...
A fund managed by Magna Hospitality has offloaded four New York City hotels for $489.8M. The 1,129-room portfolio that traded hands is composed of the 196-room Hilton Garden Inn New York Times Square ...
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