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 Multifamily Fund III Acquired A Pre-Identified
Merion Multifamily Fund III acquired a pre-identified, “off market” four-property apartment portfolio consisting of 640 multifamily apartment units located in three distinct New Jersey sub-markets in April 2021. The properties were constructed in 2013, 2014, 2016 and...
