On behalf of CMS/Proc Hospitality Holdings II, LP and CMS/Procaccianti Hospitality Holdings III, LP, Merion Realty Partners with it’s JV partner, completed the sale of the 366-room InterContinental Kansas City At The Plaza . The Fund owners originally purchased the property in 2005 in a joint venture with the Procaccianti Group. Shortly after acquisition, the owners completed an extensive renovation of the rooms, common areas and meeting space and converted the hotel from a Fairmont to an Intercontinental branded hotel.
Merion Acquires Pennsauken Golf Course Villas
Merion Realty Partners acquired Pennsauken Golf Course Villas, a 48-unit community that was developed in 2013. The original developer was the seller and this is the fifth property Merion has acquired from the same developer and owner since 2021. As was...
