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Laurus Corp Acquires Hilton Garden Inn for $16.4M

Magna Hospitality Grp Sells Fort Washington Asset
By Vickie Katlic
December 31, 2013 | 5:46 P.M.

Laurus Corporation purchased the Hilton Garden Inn Philadelphia / Ft. Washington hotel located at 530 Pennsylvania Ave. in Fort Washington, PA from Magna Hospitality Group LC for $16.4 million, or about $112,000 per unit.

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