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Singapore REIT continues portfolio rebalancing with $10 million hotel sale

Local operator NJA Management Group continues expansion with latest purchase
The Hyatt Place Detroit/Livonia in Livonia, Michigan, sold for $10 million in a cash transaction. (CoStar)
The Hyatt Place Detroit/Livonia in Livonia, Michigan, sold for $10 million in a cash transaction. (CoStar)
By Alex Collie with
CoStar Research
March 25, 2026 | 10:20 P.M.

NJA Management Group acquired the Hyatt Place Detroit/Livonia, a 127-room hotel at 19300 Haggerty Rd in Livonia, Michigan, from Acrophyte Hospitality Trust for $10 million, or $78,740 per room in an all cash deal.

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News | Singapore REIT continues portfolio rebalancing with $10 million hotel sale