New Jersey-based Prudential Real Estate Investors said Thursday it has acquired three Hotel Monaco properties from the Kimpton Development Opportunity Fund on behalf of investors.
The deal includes the 225-room Hotel Monaco in Salt Lake City. Financial terms were not disclosed.
Kimpton will continue to manage all three hotels. It operates 39 hotels and restaurants in the United States and Canada.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
summer tax cut vote
The House will vote this summer on continuing wide-ranging tax cuts first enacted under President Bush.
- Wasting Money: Designer pet clothing and 59...
- Millennials love to spend money they don't have
- Studies try to find why poorer people are...
- KSL TV news icon Bruce Lindsay calls it a career
- Top 10 poorest states in America
- Law school grad pays off $114,460 in debt...
- 18 cheap ways to captivate teens
- House GOP plans summer tax cut vote
Subscribe
Mobile
RSS
- Billboard battle heats up as company...
29 - Utah County cities, businesses claim... 15
- Dangerous debt?: consumer advocate... 12
- KSL TV news icon Bruce Lindsay calls it... 12
- Millennials love to spend money they... 11
- Studies try to find why poorer people... 10
- Rising health care costs burden families 10
- 'Greecing' the wheels: U.S. financial... 10
DeseretNews.com encourages a civil dialogue among its readers. We welcome your thoughtful comments.
— About comments