We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Crestline Forms $300M Fund With Eye On Hotel Acquisitions

Law360 (May 23, 2018, 7:26 PM EDT) -- Crestline Hotels & Resorts LLC, which manages hotels for publicly traded real estate investment trusts, private equity investors and single-asset owners and foundations, has launched a $300 million fund that will acquire hotels and invest in properties alongside strategic capital partners, according to a Wednesday statement.

Crestline intends to invest $150 million of equity into the new fund — a name for which was not detailed in the news release — and the company is aiming for the other half of the $300 million to be...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.