The Lodge at Tiburon sold to major hotel operator and developer
The Lodge at Tiburon has been sold by MetWest Terra to the Rhode Island-based real-estate investment and hospitality services organization Procaccianti Companies, according to a press release from the company. The hotel operator will be Procaccianti’s hospitality management affiliate, TPG Hotels & Resorts, a national operator and developer of more than 60 hotels. TPG’s management portfolio includes some of the country’s biggest hotel chains, including InterContinental, Hilton, Hyatt, Marriott, Starwood and Wyndham.
For the full story, pick up this week's edition of The Ark on newsstands or SUBSCRIBE NOW for home delivery.