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Share 'Strategic Hotels & Resorts Completes Recapitalization of the Hotel Del Coronado'
Reduces Indebtedness from $630 Million to $425 Million; Establishes New Joint Venture with Blackstone Real Estate Advisors and KSL Resorts CHICAGO, Feb. 7, 2011 /PRNewswire/ -- Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that the company has closed a definitive agreement to recapitalize the joint venture that owns the Hotel del Coronado. Under the terms of the transaction, a…
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