Questions? Call 512.743.7378

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.

Read original article

More Recommended Articles

Get the First Word on Hotel Development

Subscribe to Lodging Development Report, the industry’s leading source for hotel real estate intelligence.
Discover more opportunities.
Stay better informed.
Make better, more profitable business decisions.

Or view a sample report

Your Subscription Includes

  • Weekly Development & Transaction Report. An inside look at new development and recent hotel transactions
  • Access to Lodging Development's database. Search our entire online database of development projects and hotels transactions.
  • Property Profiles. Weekly Report entries and database search results link to detailed property profiles.
  • Powerful Research Tools. Identify development projects and hotels transactions using Map Search, or search by location, chain scale, brand affiliation, property characteristics and more.
Home FAQ/Support Terms of Service Privacy Policy Resources Contact Us
© 2021 Lodging Research LLC, d.b.a. Lodging Development Group. All Rights Reserved.