Apple Hospitality Buys The Berkeley Hotel in Downtown Richmond for $7M

RICHMOND, VA. — Apple Hospitality REIT Inc. has acquired The Berkeley Hotel, a 55-room hotel in downtown Richmond. Apple Hospitality will upgrade the property to include services and amenities that are consistent with the rest of the company’s portfolio, although The Berkeley will remain an independent hotel. The property is located at 1200 E. Cary St., four blocks from Apple Hospitality’s headquarters. The seller was not disclosed.