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Strategic Hotels & Resorts Acquires Remaining Ownership Stake in Essex House Hotel

KSL Capital Partners Exits JV on JW Marriott Asset
By Henry D'Esposito
August 5, 2015 | 7:48 P.M.

Strategic Hotels & Resorts, Inc., a real estate investment trust, acquired the remaining 49 percent ownership interest in the JW Marriott Essex House Hotel from KSL Capital Partners in a deal that values the entire asset at about $397.6 million.

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