Michigan-based Blue Lake Hospitality closed on its acquisition of the Hyatt Place Detroit Auburn Hills Hotel for $6.65 million, or $52,362 per room, from Singapore real estate investment trust Acrophyte Hospitality Trust.
Hyatt Place hotel in Detroit suburb sells for $6.7 million
Singapore real estate investment trust divests underperforming Auburn Hills hotel property
By Alex Collie with
September 10, 2025 | 5:37 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Hyatt Place Detroit Auburn Hills
1545 North Opdyke Rd, Auburn Hills, MI
- Companies
- Acrophyte Hospitality Trust
Accommodation and Food Services