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Equity Enters Boston Market With 2 Peabody Hilton Sales

REIT To Acquire Homewood Suites, Hampton Inn for $15.2M
By Michael Lane
October 4, 2005 | 4:18 P.M.

Equity Inns has two Peabody Hilton-branded hotels under agreement for $15.2 million, or approximately $73,800 per room. The transaction is scheduled to close in the third or fourth quarter of this year. The seller of record is Peabody Hotels Ltd.

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