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Article: O'Connell Hospitality Group Sells $100 Million Hotel Portfolio for Fine Hotel Corp.
- Article from:
- PR Newswire
- Article date:
- November 30, 2007
CopyrightCOPYRIGHT 2007 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, Nov. 30 /PRNewswire/ -- O'Connell Hospitality Group, LLC ("OHG") represented the owner, Fine Hotel Corp. of Wellesley, MA, in the sale of their portfolio of five hotels. Jim O'Connell, Principal and Tom Foley, Sr. Managing Director of OHG, managed the marketing campaign of the assets and procured the buyer, Linchris Hotel Corp., of Hanover, MA.
The 855 room portfolio includes hotels in Massachusetts and Maine. They are the 227- room Hampton Inn Boston-Logan Airport, the 225-room Holiday Inn Brookline, the 202- room Holiday Inn Mansfield, MA and the 102-room Holiday Inn and 99-room Comfort Inn, Augusta, ME.
"Fine Hotels Corp. took advantage of a ...