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Marriott to Pay $500Mln for 1,218-Room Sheraton Grand Chicago Hotel
Commercial Real Estate Direct Staff Report Marriott International is paying $500 million, or $410,509/room, for the 1,218-room Sheraton Grand Chicago hotel. It's paying $300 million for the 34-story building and $200 million for the land beneath it. The proposed purchase, ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
