Lone Star Funds Acquires Hotel In Chantilly, Virginia For $47M

The hotel located at 14750 Conference Center Drive in Chantilly, Virginia, was recently sold for a price of $47,000,000. The property, with a total of 336 keys, was acquired by Lone Star Funds, represented by Andre Collin. The seller in this transaction was Host Hotels, represented by Jim Risoleo. The hotel's per key price came to $139,881.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $47,000,000
• Address: 14750 Conference Center Drive, Chantilly, Virginia
• Buyer: Lone Star Funds - Andre Collin
• Seller: Host Hotels - Jim Risoleo
• Keys: 336
• Price per key: $139,881

Andre Collin from Lone Star Funds and Jim Risoleo from Host Hotels played key roles in this transaction as the buyer's representative and the seller, respectively.