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Gencom buys stake in Florida Ritz-Carlton

Gencom buys stake in Florida Ritz-Carlton
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Brookfield Sells Ritz-Carlton Key Biscayne Stake to Gencom

Brookfield Sells Ritz-Carlton Key Biscayne Stake to Gencom
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La Jolla Business Roundup: New enterprises focus on fashion, food, facial wellness and more

Major La Jolla area hotel sells for more than $187M

Watermark Lodging Trust Announces Stockholder Approval of Acquisition by Brookfield

Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) today announced that, at a Special Meeting of Stockholders, the proposed acquisition of WLT by private real estate funds managed by Brookfield was approved by its stockholders. Under the terms of the previously announced merger transaction, WLT common stockholders will receive cash consideration of $6.768 per Class A share and $6.699 per Class T share.

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