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Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm's second real estate investment in Germany.
“Projects like Capitol View Apartments are a commitment to our historic communities and residents for generations to come,” says Dr. Eloisa Klementich, president and CEO of Invest Atlanta.
The portfolio consists of 461 rooms and will be managed by RHG. With the acquisition of the portfolio, Real Hospitality Group increases its portfolio of owned and managed assets to 105 hotels in 16 states.