Blackstone Sells Four Select Service Hotels
10.15.19
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The Firm recently represented Blackstone in connection with the sale of four select service hotels located in California and Oregon to Summit Hotel Properties, Inc. for a total purchase price of $249 million.
The Simpson Thacher team for the transaction included Whitney Salinas, Jason Mohr and Kathryn Christoforatos (Real Estate); Andrew Blau, Andrew Kofsky and Joo Hyun Lee (ECEB); and Nancy Mehlman, Jacqueline Clinton and Caroline Phillips (Tax).