Lone Star Funds company buys Tampa/Busch Gardens Hyatt Place

BUYER: LSREF3/AH Chicago LLC (officers: Michael Thomson, Marc Lipshy and Monica Knake), Dallas
SELLER: BRE/AmeriSuites Properties LLC
PROPERTY: 11408 N. 30th St., Tampa
PRICE: $7.04 million
PREVIOUS PRICE: $3.41 million, October 2004
LAW FIRM ON DEED: Hunton & Williams LLP, Dallas

PLANS, DESCRIPTION:
A company organized by the Dallas-based private equity firm Lone Star Funds purchased the 126-room Hyatt Place Tampa/Busch Gardens for $7.04 million.

The price equated to $55,869 per room.