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Hyatt Regency Orlando Sale Closes for $717M

Former Peabody Orlando Trades in 1031 Exchange
By Justin Sumner
CoStar News
October 2, 2013 | 9:42 P.M.

Hyatt Hotels Corporation (NYSE: H) has closed on its previously-announced acquisition of The Peabody Orlando hotel from UST Hotel Joint Venture Ltd. in a 1031-exchange for approximately $717 million, subject to proration and closing adjustments.

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