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$1B Hotel Portfolio From Chatham, Cerberus On Sales Block

By Natalie Rodriguez (January 24, 2014, 4:54 PM EST) -- About three years after purchasing bankrupt Innkeepers USA Trust's assets for $1.02 billion, a joint venture of Chatham Lodging Trust and private equity firm Cerberus Capital Management LP has decided to put the portfolio's remaining 51 hotels on the sales block, the companies announced Friday....

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