Apple Hospitality REIT Inc., a Richmond, Virginia-based real estate investment trust, has acquired the 192-room Embassy Suites by Hilton in South Jordan for approximately $36.8 million, the company announced recently.
“We are pleased to expand our portfolio with the acquisition of this ideally located Embassy Suites by Hilton in South Jordan,” said Nelson Knight, president of real estate and investments at Apple Hospitality. “South Jordan is a thriving, dynamic city in the Salt Lake City metropolitan area that has experienced strong economic, employment and population growth in recent years and is projected to see continued expansion well into the Please log in to see the rest of this story.
