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Article: Investcorp Real Estate Group Acquires Hilton Hotel in Kentucky, Intercontinental Hotel in Wisconsin.
- Article from:
- Business Wire
- Article date:
- December 3, 2007
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Copyright informationCOPYRIGHT 2007 Business Wire. 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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Joint Venture with Interstate Hotels & Resorts on Investment, Management of Properties
NEW YORK -- Investcorp's U.S. based real estate group today announced that it has completed the acquisition of The Seelbach Hilton Hotel in Louisville, Kentucky and InterContinental's Crowne Plaza Madison Hotel in Madison, Wisconsin with Interstate Hotels & Resorts (NYSE: IHR), its joint venture partner in these transactions.
The Seelbach Hilton, opened in 1905, is a 10-story, 321-room, landmark, luxury hotel, that features over 32,000 square feet of meeting and pre-function space as well Kentucky's only AAA five-diamond restaurant, The Oakroom. The Seelbach is located in the heart ...
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