Tuesday, June 8, 2010

Hotel investor buys Dallas Le Meridien out of foreclosure

HEI Hotels & Resorts of Connecticut has bought the 258-room Le Meridien Dallas North Hotel near the Galleria shopping mall.


HEI gained title to the 9-year-old hotel at last week's foreclosure auction. Earlier, the investor had bought the debt on the property at 13402 Noel Road.

The Far North Dallas hotel acquisition is HEI's fourth hotel purchase in 2010.

Read More:

0 comments:

Post a Comment