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Ashford Hospitality Pays $15M for Minneapolis Hotel

RWB Development Co Divests Le Meridien Chambers
By Sloan Battle
September 1, 2015 | 3:49 P.M.

Dallas, TX-based Ashford Hospitality Trust closed on its previously announced acquisition of the Le Meridien Chambers hotel at 901 Hennepin Ave. in Minneapolis, MN from RWB Development Company for $15 million, or about $250,000 per room.

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