ATLANTA—A 751-room, four-property Hilton Select Service Portfolio has a new owner. Apollo Global Management and Sage Hospitality sold the assets to Blackstone. Financial terms of the deal were not disclosed.

The hotel portfolio includes three Hilton Garden Inns located in Atlanta, Orlando, and Denver, and a Homewood Suites in San Francisco. The seller has been retained to manage the four properties. Jones Lang LaSalle managing directors Mark Fair and Adam McGaughy, along with vice president Katy Reynolds, represented the seller.

“The Hilton Select Service Portfolio provided an outstanding opportunity to acquire institutional quality assets strategically located in thriving markets with superior brand affiliation,” McGaughy tells GlobeSt.com. “The new ownership will benefit from strong in-place cash flow and exceptional upside potential.”