CBRE Global Investors Offloads Redwood City Hotel for $82MM, Nearly 50% Less Than What It Paid in 2015

By Vladimir Bosanac & Meghan Hall In a sign that the hotel industry is in for a long recovery, one global investment firm decided to cut its losses and sell an asset at nearly fifty percent discount from what it paid just over five years ago. In December of 2015, CBRE Global Investors paid $154 million […]