Boca Raton-based Waramaug LS Hotels picked up the New England portfolio and plans extensive renovations.
May 21, 2015 at 12:00 AM
1 minute read
Boca Raton-based private investment group Waramaug LS Hotels LLC acquired a portfolio of six Fairfield Inn hotels in New England from a special servicer and plans an extensive capital improvement program on the REO properties.
The special servicer C-III Asset Management LLC, a wholly owned subsidiary of C-III Capital Partners of Irving, Texas, represented a trust that sold the portfolio.
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