Morguard's $410M Deal: Selling 14 Hotels in Ontario and Nova Scotia
Morguard Corporation, a Canadian real estate company, has announced the sale of its hotel portfolio for $270 million. The portfolio consists of 20 hotels located across Canada and the United States. The sale is part of Morguard's strategy to focus on its core business of real estate investment and management. The buyer of the portfolio is not disclosed in the article.
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