IRVING - Investcorp International Inc. has sold the 168-room Wyndham Las Colinas, at 110 W. John Carpenter Fwy., to Leo Hospitality LLC of Irving. The new owner plans to renovate the property. The 25-year-old hotel is appraised at $7.3 million through the Dallas Central Appraisal District.
The three-story hotel, built in 1986, was part of a nine-property portfolio of full-service hotels refinanced for $120 million by Investcorp in late 2011. The portfolio had previously belonged to a joint venture consisting of Goldman Sachs and Highgate Holdings.
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