Login

Glenmont Capital Management Pays $7.5M for Cleveland Hotel

New York Firm Plans to Convert Radisson Hotel to Hotel Indigo
The 142-room Radisson Hotel in Cleveland. Photo: CoStar
The 142-room Radisson Hotel in Cleveland. Photo: CoStar
By Robert Evans
March 18, 2019 | 5:19 P.M.

New York investment firm Glenmont Capital Management purchased a 142-room hotel in Cleveland from United Church of Christ. Radisson Hotel sold for $7.5 million, or about $53,000 per room.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE