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Cambria Hotel New Haven – Near Yale University
Hotel / Hospitality |
New Haven, CT
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A brand new Cambria Hotel, three blocks from Yale University and minutes from major hospitals, acquired below replacement cost in a market with strong demand, limited competitive supply, and high barriers to entry.
Deal Highlights
- Newest property in market with minimal branded competition
- Surrounded by year-round, recession-resistant demand drivers
- Sponsor earns no promote until investors earn 10%pref return
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