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Ashford Hospitality Pays $86M for W Minneapolis Hotel at Foshay

RWB, Ryan Cos Sell Historic Hotel
By Yassin Kadir
November 23, 2015 | 10:08 P.M.

Dallas, TX-based Ashford Hospitality Trust closed on its previously announced acquisition of the 229-room W Minneapolis - The Foshay Hotel at 821 Marquette Ave. in Minneapolis, MN from RWB Development Co. and Ryan Companies US, Inc. for $86 million, or about $376,000 per door.

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