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FelCor to Sell Convention Center Embassy Suites | Benzinga

FelCor Lodging Trust Incorporated  agreed to sell the 370-room Embassy Suites – New Orleans-Convention Center and the 296-room Embassy Suites – Nashville-Airport for an aggregate purchase price of $70 million. The purchaser has paid a $2.1 million hard money deposit toward the purchase price. The transaction is expected to close in October...

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