Proskauer-Led ARC Hospitality Drops $351M On 26 Hotels

By Linda Chiem (June 8, 2015, 1:15 PM EDT) -- American Realty Capital Hospitality Trust Inc. said Monday it will drop $351.4 million to acquire a portfolio of 26 hotels in 11 states from Summit Hotel Properties Inc., its second hotel deal in the past week guided by Proskauer Rose LLP....

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