Login

Sage Hospitality Sells TownePlace Suites in CO for $53M

JER Partners Buys 785 Rooms of Marriott Brand Chain in Denver and Colorado Springs
By Jon Murphy
January 18, 2006 | 9:53 P.M.

J.E. Robert Cos. acquired seven TownePlace Suites by Marriott from Sage Hospitality Resources for $53 million, or $67,516 per room. Six of the properties are located in the Denver, CO area and one in the Colorado Springs area.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE