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JHM Hotels Pays $7.5M for Crowne Plaza

Charlotte Hospitality Sells 194-Room Hotel
By Jonathan Bateman
August 2, 2011 | 8:52 P.M.

JHM Hotels Inc., a South Carolina-based real estate developer, acquired the Crowne Plaza Hotel from Charlotte Hospitality LLC for $7.5 million, or about $39 per square foot.

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