Bill Gates' Investment Co. Buys Four Seasons In Houston

Law360, New York (September 25, 2013, 6:36 PM EDT) -- Bill Gates' private investment entity, Cascade Investment LLC, has acquired a Four Seasons Hotel in Houston for an undisclosed amount, the firm announced Wednesday.

Cascade purchased the hotel from Maritz Wolff & Co., which has owned the property since 2000. The deal is expected to close on Oct. 1, according to Cascade.

Cascade was attracted to the asset in part because of Houston's bright economic future thanks to its importance in the energy industry, and in part because of the new leadership at Four Seasons Hotels...
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