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Chesapeake Pays $103M for DTLA Ace Hotel & Theater

Greenfield Partners Sells Historic Hospitality Bldg
By Mary Vinal
May 11, 2015 | 1:00 P.M.

Chesapeake Lodging Trust acquired the 182-room ACE Hotel along with the restored 1,600-seat theater at 927-933 S. Broadway in downtown Los Angeles, CA from Greenfield Partners LLC for $103 million.

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