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Blackstone Group Buys 751-Room Hotel Package

Sage Hospitality and Apollo Global Management Cash Out Four-Property Hotel Portfolio
By Corey E. Boyer
June 5, 2013 | 10:05 P.M.

The Blackstone Group, the New York- based mega-private equity investment firm, recently picked up a package of four hotels developed by Denver-based Sage Hospitality and owned jointly by Sage and Apollo Global Real Estate.

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