Concord, RockBridge Buy Meadowlands Hotel

Law360, New York (February 11, 2013, 5:15 PM EST) -- A joint venture of Concord Hospitality Enterprises and private equity firm RockBridge Partners LLC has acquired the Renaissance Meadowlands Hotel in Rutherford, N.J., not far from the MetLife Sports Complex and the site of the $4 billion planned American Dream entertainment complex, the buyers said Monday.

Concord and RockBridge, which have both been involved with the 167-room hotel since it was developed in 2000, announced that they had taken control of the property for an undisclosed amount and planned to put $5.25 million into a major...
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