Apple Hospitality REIT Buys Anchorage Hotel For $24 Million

12/6/17

Richmond-based Apple Hospitality REIT Inc. has acquired the 135-room Home2 Suites by Hilton in Anchorage, Alaska, for about $24 million.

“We are pleased to add this extended-stay hotel to our portfolio and increase our presence in the dynamic Anchorage market,” Nelson Knight, Apple’s executive vice president and chief investment officer, said in a statement.

Home2 Suites is the fifth hotel that Apple has bought in the past three months.

READ FULL ARTICLE HERE

It's on us. Share your news here.

Submit your stories and articles to citybizlist today.