Chatham, Cerberus close Innkeepers acquisitions
Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in premium-branded, select-service hotels, and affiliates of Cerberus Capital Management, LP, a private investment firm, have completed the acquisition of 64 hotels from affiliates of Innkeepers USA Trust. The joint venture between Cerberus and Chatham
