Excel Group Offloads 4 Fla. Hotels For $58.5M
By Joyce Hanson ( November 29, 2017, 9:02 PM EST) -- Private equity shop Excel Group said Tuesday it has sold a portfolio of four Florida hotels totaling 469 rooms to an unnamed buyer for $58.5 million in the firm's second major transaction this year. Legal counsel Morris Manning & Martin LLP said it guided the sale, which was a joint venture between Excel and investment management company Westport Capital Partners LLC....
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