PARTNERSHIP ACQUIRES HOTEL PORTFOLIO FOR $90 MILLION IN MASSACHUSETTS

REVERE, BROOKLINE AND MANSFIELD, MASS. — The joint venture of Chicago-based Strategic Capital Partners and Hanover, Mass.-based Linchris Hotel Corp. has acquired a three-hotel, 654-room portfolio in Massachusetts for $90 million. The Hampton Inn Boston-Logan Airport in Revere features a seven-story building and 227 rooms; The Holiday Inn in Brookline features 225 rooms, 6,400 square feet of meeting space and is located at 1200 Beacon St. near Kenmore Square; and the Holiday Inn in Mansfield features 202 rooms, 15,000 square feet of meeting space and is located within Cabot Business Park. Sarah Leggat, Greg Labine and Robyn King of Holiday Fenoglio Fowler’s Boston office brokered the transaction and arranged the financing provided by Anglo Irish Bank Corp.