Bahrain investment firm acquired Los Angeles hotel for $40 million
Bahrain-based investment firm, Investcorp, has announced that it has acquired Residence Inn Manhattan Beach, a Marriott hotel in Los Angeles for $40 million.
They had recently announced acquiring Coral Palm Plaza, a shopping center located in Coral Springs, Florida, in their third recent real estate investment in the US with a total value of $120 million.
Investcorp is listed in the Middle East Investors Directory with the code OR30.
More details follows:
June 21, 2011 |
Filed under Bahrain Investors, Investcorp, Investcorp Bahrain, Middle Eastern Real Estate Investors, Mohammed Al-Shroogi
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