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Dark Force Fest 2024: This Weekend in Parsippany! theaquarian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaquarian.com Daily Mail and Mail on Sunday newspapers.
Framingham Sheraton hotel senior living facility XSS Hotels Monarch Communities metrowestdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metrowestdailynews.com Daily Mail and Mail on Sunday newspapers.
Reply The Framingham Board of License Commissioners approved a variety of permits for the Framingham Sheraton on Monday. (Google Maps) FRAMINGHAM, MA The new operators of the iconic Sheraton Hotel in Framingham got the OK Monday night to sell alcohol and provide entertainment. The hotel was sold at auction in late 2020 and closed briefly while the new owners took over. The Board of License Commissioners granted the transfer of several key licenses to Colwen Management, which will operate the Sheraton under a lease with the owner. People s United Bank, based in Bridgeport, Conn., purchased the hotel in December for $15 million. ....
FRAMINGHAM The famed Framingham Sheraton Hotel and Conference Center was sold for $15 million at auction Tuesday. People’s United Bank, which owns the first mortgage on the property, was the winning bidder of the iconic 376-room hotel that is designed to look like a castle and is visible from Rte. 9 and the Mass Pike. “It was a buy-back by the mortgagee,” said Justin Manning, president of JJ Manning Auctioneers. “Nobody beat the lender.” The facility could possibly remain a hotel or may be sold, said Manning. The property, which includes the hotel and conference center, an outdoor pool and a 34,376-square-foot parking garage, was last assessed at $33.1 million, according to the Framingham Assessor’s Office. ....