San Clemente-based hotel owner Sunstone Hotel Investors Inc. said Thursday it has reacquired a hotel it stopped making debt payments on last year.
The company said it paid $24.8 million for the Renaissance Westchester Hotel, a 347-room hotel in White Plains, N.Y., that Sunstone used to own before it went into receivership.
Sunstone, which owns all or part of 40 hotels, made waves last year by giving back some hotels to lenders after going underwater on their mortgages.
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