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McKibbon Sells Hotel Portfolio for $62.5 Million

Apple REIT Ten Buys 5 Properties in the SE
By Aljean Clarke
June 15, 2011 | 5:19 AM

McKibbon Hotel Group Inc. finalized the sale of five hotels throughout the southeastern United States. Apple REIT Ten Inc. purchased the 509-room portfolio for $62.5 million, or $122,790 per room.

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