Jun 23, 2021
Crescent Real Estate picks up Ritz-Carlton
DALLAS – An investment fund created by Crescent Real Estate has purchased the Ritz-Carlton.The five-story, 218-room hotel on McKinney Ave. in Uptown opened in 2007. The buyer paid $700 million to acquire the landmark...
DALLAS – An investment fund created by Crescent Real Estate has purchased the Ritz-Carlton.
The five-story, 218-room hotel on McKinney Ave. in Uptown opened in 2007.
The buyer paid $700 million to acquire the landmark Crescent complex across the street in March.
The Texas Real Estate Research Center has more on DFW’s retail market:
Source: Dallas Morning News
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