One of Canada’s largest hotel companies backed by Chinese capital is looking for an opportunity to buy south of the border. InnVest Hotels LP is interested in breaking into Seattle, Boston and Chicago–not New York or San Francisco due to cost, according to Jeff Hyslop, InnVest’s senior vice president of asset management, who spoke with Bloomberg about the firm’s plans. “We’ll be cautious in our first foray into the U.S. to make sure it’s the […]
source https://therealdeal.com/2018/07/08/hk-backed-innvest-hotels-searching-for-us-assets-to-escape-frothy-canadian-market/
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