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JHM Hotels affiliate buys Embassy Suites in Raleigh, N.C., for $22M

The 225-room Embassy Suites hotel in Raleigh, N.C., was sold by its Texas-based owner and operator FelCor Lodging Trust to an affiliate of JHM Hotels for $22 million. JHM currently has 37 hotels as part of its portfolio, which include three Westin-brand properties and two Fairfield Inn hotels. Read the American City Business Journals/Raleigh/Durham, N.C./Real Estate Inc. blog here

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Commercial Construction & Renovation
The Official Networking Group
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