Strategic Maneuver Yields Four Seasons PurchaseStrategic Maneuver Yields Four Seasons Purchasehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=101732015-05-05T13:08:00Z2015-05-05T00:00:00Z

AUSTIN (Austin Business Journal) – Strategic Hotels & Resorts Inc. yesterday announced plans to buy the Four Seasons Hotel Austin for $197 million. This is the REIT's first Texas acquisition.

The sale is expected to close this month.

Lodging Capital Partners and Prudential Real Estate Investors are selling the 291-room hotel. Four Seasons Hotels & Resorts will continue overseeing operations.

Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2015/05/austins-four-seasons-hotel-to-be-sold.htmlRead more at {Source}

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