NAPERVILLE, IL-AREA Property Partners has partnered with Carrollton, TX-based Aimbridge Hospitality to acquire three Hyatt Hotels in suburban Chicago. The joint venture partnership paid $51 million to buy the hotel portfolio, which consists of: Hyatt Lisle, close to downtown Naperville; Hyatt Deerfield, in Chicago’s North Shore area; and Hyatt Rosemont, near O’Hare Airport.

The venture bought the hotels directly from Hyatt Hotels Corp., which has owned and operated the assets since they opened, according to John Jacobsson, a partner with New York City-based AREA Property Partners.

The 316-room Hyatt Lisle is located directly off Interstate 88 on Corporetum Drive, less than five miles from downtown Naperville. Each guest room in the hotel is suite-sized, with separate sitting areas, sleeper sofas and city or Morton Arboretum views. The property also features 13,200 square feet of meeting and function space.