The Colleyville-based company created the Texas partnership, RCP Lexington Hotel Ltd., for the acquisition.
The hotel is located near downtown Lexington and in 2005 received $1.5 million in renovations to guest rooms and the hotel lobby.
Realty Capital Partners is a real estate investment firm that has invested more than $300 million in the last decade. It concentrates on shopping centers, office buildings and land investments.
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source: bizjournals.com
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