Blackstone Real Estate Partners

Club Quarters hotels at 111 West Adams Street in Chicago, 424 Clay Street in San Francisco, 161 Devonshire Street in Boston and 1628 Chestnut Street in Philadelphia with JLL’s Kevin Davis and Barnett Wu

Masterworks grabs discounted stake in Blackstone’s Club Quarters hotel debt

Lodging chain’s affiliate acquired mezzanine position for less than balance of $61M loan

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