120-Room Hotel in Ontario Sells in $16MM Deal

By Catherine Sweeney  Despite an overall decrease in hotel sales across the hospitality market, several sales have been seen across the Inland Empire. According to Vizzda records, an entity tracing to Nrupenbhai and Jatinbhai Patel paid $16 million, or $133,333 per unit, for a 120-room hotel in Ontario. The property was purchased with $10.38 million […]