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Real Estate Rumors: London & Regional, Lennar, Empire State

By Andrew McIntyre (April 28, 2016, 2:59 PM EDT) -- London & Regional Properties Ltd. is in discussions to pick up 47 United Kingdom hotels worth more than £550 million ($803.7 million) from Lone Star Funds, according to a report on Thursday from Bloomberg that cited multiple sources with knowledge of the discussions. Most of the hotels are operated by Holiday Inn Express, and another firm may still beat out London & Regional Properties to purchase the portfolio, Bloomberg said, citing a source with knowledge of the talks....

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