ATLANTA, GA – Peachtree Hotel Group has acquired a three-property hotel portfolio totaling 376 rooms.

The firm purchased the properties from Syracuse, NY-based Widewaters Hotels, which previously developed, owned and operated the hotels.

The hotels comprise the 137-room Aloft Hillsboro-Beaverton in Hillsboro, OR near Portland, which was built in 2017; the 120-room Home2 Suites by Hilton Eugene Downtown University Area in Eugene, OR, which was built in 2016; and the 119-room Home2 Suites by Hilton Pittsburgh/McCandless in Pittsburgh, PA, which was built in 2013.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.