Among
the noteworthy deals of the past week was Dan Hotels acquiring the NoMo SoHo
hotel in New York City.
NEW YORK
CITY — Israel’s Dan Hotels is expanding its international operations and
entering the U.S. real estate and tourism market with the acquisition of the
NoMo SoHo hotel in New York City.
Dan Hotels
is paying the Sapir Corp. $125 million as part of a process of protection from
creditors, in which the hotel was valued at $150 million.
To download
our list of deals from the past week in Excel format, click here.