NEW YORK— Carlton Equity Exchange here has been exclusively engaged to arrange $50 million of preferred equity and debt financing for the acquisition of a 10-state, 14-property portfolio of Fairfield Inns, comprising an aggregate of 1,709 keys. The portfolio— located primarily in the Midwest and Southwest— encompasses what are described as relatively new hotels, ranging in size from 105 keys – 135 keys. Additionally, all of the locations targeted include an elevator as well as a heated, outdoor swimming pool.
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