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Home > Summit Hotel/GIC Venture Pays $29Mln for Scottsdale, Ariz., Hotel

Summit Hotel/GIC Venture Pays $29Mln for Scottsdale, Ariz., Hotel

June 7, 2023
in General News

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Commercial Real Estate Direct Staff Report A venture of Summit Hotel Properties and Singapore's sovereign wealth fund, GIC, has paid $29 million, or $241,666/room, for the 120-room Residence Inn

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Tags: Summit Hotel Properties Inc. GIC, Singapore's sovereign wealth fund Blackstone Group Scottsdale Arizona - AZ

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