Linchris Hotel Corp. buys Ocean Plaza Beach Resort in Ga.

The 204-room Ocean Plaza Beach Resort in Tybee Island, Ga., has been purchased by Linchris Hotel Corp. through a $13.54 million acquisition loan secured with the help of HFF. Linchris plans to invest $1.5 million in upgrades to the historic property in the first year. Read the GlobeSt.com story here

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