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Stock Market & Financial Investment News

News Breaks
May 30, 2014
07:30 EDTWPCCarey Watermark acquires sheraton Austin Hotel
Carey Watermark Investors Incorporated announced that it has acquired the Sheraton Austin Hotel at the Capitol, a 365-room full-service hotel, through a joint venture with JMI Realty. CWI holds an 80% interest in the joint venture and JMI Realty, a private real estate investment and development company based in Austin, TX, holds a 20% ownership interest.
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