Lone Star Funds acquires two Frisco hotels Lone Star Funds acquires two Frisco hotels https://www.recenter.tamu.edu/news/newstalk-texas/?Item=276422022-06-15T05:00:00Z2022-06-16T21:00:00Z

PictureFRISCO – The Westin Stonebriar Golf Resort & Spa and Sheraton Stonebriar have been purchased by a unit of Lone Star Funds.

Located near the northwest corner of Legacy Dr. and SH 121, both hotels were owned by Western Securities.

Built in 2000, the Westin Stonebriar has 302 rooms, a spa, restaurant, and corporate meeting space.

The hotel reopened in 2020 after a $30 million renovation.

Built in 2007, Sheraton Stonebriar has 168 guest rooms and recently underwent a $3 million renovation of its public spaces.

The two hotels are valued at more than $40 million for property taxes. 

Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2022/06/14/luxury-frisco-hotels-go-to-lone-star-funds/Read more at {Source}

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