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Pebblebrook has submitted a bid to buy LaSalle for $37.80, and LaSalle's board said it is reviewing the new offer.
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LaSalle's board determined Pebblebrook's offer constitutes a "superior proposal" to Blackstone's and notified Blackstone it plans to terminate the deal.
Foodie demands are changing the way Las Vegas casino developers build out their projects.
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Condor is reviewing a range of options after transitioning its portfolio from economy hotels to upscale assets.
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Another Boston luxury hotel is getting renovated, but this one will entirely shut down for the duration of the upgrades.
The Trump administration wants to put a stop to Democrats' emolument suit.
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One year after selling a minority stake in Hilton Worldwide Holdings, Bill Ackman's Pershing Square has bought back in, reportedly for a larger percentage.
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Pebblebrook and LaSalle agreed to a $5.2B merger that will create the nation's third-largest lodging REIT with 66 properties.
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Only a year after purchasing the former Revel casino and six months after reopening it as the Ocean Resort, Bruce Deifik is selling it amid finance questions.
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Eight years after its foreclosure, the former Mansion on Peachtree's hotel portion will be turning into a Waldorf Astoria brand.
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