Brief
Elliott Management Snaps Up Downtown Crossing’s Godfrey Hotel
The Godfrey Hotel, a 242-key hotel in Downtown Crossing, has sold for $124 million to an affiliate of Elliott Management, a West Palm Beach, FL firm that manages nearly $80 billion in holdings. The Bo
Summary
The Godfrey Hotel, a 242-key hotel in Downtown Crossing, has sold for $124 million to an affiliate of Elliott Management, a West Palm Beach, FL firm that manages nearly $80 billion in holdings.
The Boston Business Journal reported that its previous owner, German asset manager Union Investment, paid $174 million for the site in 2015....
Source
- Connect CREconnectcre.com
