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JV Partners Ink $211M Deal To Buy 20 Marriott, Hilton Hotels

By Joyce Hanson (August 9, 2021, 6:59 PM EDT) -- Luxury resort and hotel owner Flynn Properties Inc. and distressed asset investment firm Värde Partners said Monday they have entered into a $211 million joint venture to buy 20 Marriott and Hilton branded properties around the U.S. from real estate investment trust Apple Hospitality REIT....

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