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Article: O'Connell Hospitality Group Sells Hotels Along Boston's I-95 / Route 128 Beltway.
- Article from:
- PR Newswire
- Article date:
- May 31, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, May 31 /PRNewswire/ -- As profits from increased hotel performance rise in suburban Boston, so do the number of hotel transactions. Investors have turned their focus on Boston as it climbs out of the doldrums.
Jim O'Connell, Principal of O'Connell Hospitality Group, LLC, and Thomas Foley, Sr. Managing Director for OHG, represented WPH Boston, LLP, Owners of the Sheraton Ferncroft Resort, in the $13.0 Million sale of the Ferncroft Country Club, Danvers, MA and introduced the Buyers, Affinity Golf Management of Charlottesville, VA, to the project.
This month, O'Connell and Foley represented Peabody Hotel Group, the Owners in the $5.65 Million ...