Property Name

Sheraton Raleigh

Location

Raleigh, NC

Investment Summary

DoveHill in a strategic partnership with a major private equity investor invested in preferred equity for the purpose of recapitalizing a recently renovated 4-hotel, 812- key portfolio in the Philadelphia PA and Raleigh NC metropolitan areas. This institutional-quality portfolio with a best-in-class existing ownership group includes:

  • Renaissance Philadelphia Downtown

  • Sheraton Raleigh

  • Crowne Plaza Philadelphia - King of Prussia

  • Fairfield Inn Philadelphia Valley Forge / King of Prussia

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