Strategic Hotels & Resorts, Inc. , along with its joint-venture partner, today announced it has signed an agreement with affiliates of Walton Street Capital, L.L.C. and JMA Ventures LLC to sell a 100 percent interest in the 417-room Hyatt Regency La Jolla for $118.0 million. The Company currently owns a 53.5 percent interest in the asset.Continue Reading...
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