136
SCHAUMBURG, ILL. — Des Plaines, Ill.-based AAA Hospitality has acquired Homewood Suites in Schaumburg. The 108-room hotel sold for $5 million. The buyer plans to invest approximately $1.5 million into the property, which was renovated in 2006. Thomas Hamm of Sperry Van Ness represented the seller, RT Schaumburg, in the transaction. Homewood Suites is the select service/extended stay brand of Hilton Hotels.