Byrnes & Associates Inc Acquires Hotel On East Redwood Street In Baltimore, MD For $18.5M

The property involved in this transaction is a hotel located at 207 East Redwood Street in Baltimore, MD. The sale took place on 06/05/2023. The buyer is Byrnes & Associates Inc and the seller is Red Lion Hotels Corp. The sale price was $18,500,000. The property consists of 129 keys and the price per unit (PPU) was $143,411.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $18,500,000
• Address: 207 East Redwood Street, Baltimore, MD
• Market: Baltimore, MD
• Buyer: Byrnes & Associates Inc
• Seller: Red Lion Hotels Corp
• Keys: 129
• PPU: $143,411

Byrnes & Associates Inc acted as the buyer in this deal, representing their own interests. Red Lion Hotels Corp represented themselves as the seller.