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Goldman Said to Sell Hotels to Moody for $1.73 Billion

Moody National REIT Inc. is buying 149 limited-service hotels from the Goldman's Whitehall Street real estate unit.

Source: Bloomberg News

Goldman Sachs Group Inc. is selling almost 150 U.S. hotels acquired during the last decade’s property boom to a nontraded real estate investment trust for $1.73 billion, according to two people with knowledge of the deal.

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