Tampa Bay Business Journal NexGen Hotel has paid $18.75 million, or about $145,349/room, for the Holiday Inn St. Petersburg West hotel in St. Petersburg, Fla. The Schaumburg, Ill., company bought the 129-room property from an undisclosed seller. It lined up $12.915 million of financing from Optimum Bank for its purchase. Genuine Hospitality Group of St. […]

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