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Lightstone is buying Extended Stay Hotels from Blackstone for $8 Billion

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Published on 02/05/07 - Updated on 17/03/22

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The Lightstone Group, LLC, one of the largest private real estate owners in the USA, is negotiating with the Blackstone Group to acquire Extended Stay Hotels for $8 billion. Extended Stay Hotels is the largest owner of mid-price extended-stay properties in the United States, with 683 properties and...

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