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Sunstone Hotel Investors Announces the Sale of the Marriott Riverside, California for Gross Proceeds of $19.3 Million
June 19, 2009
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PRNewswire -- Sunstone Hotel Investors, Inc. announced today that it has completed the sale of the 292-room Marriott located in Riverside, California for gross sale proceeds of $19.3 million, which equates to 10.1x 2009 forecasted EBITDA.
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