MCR Hotels Sells 146-Room Residence Inn by Marriott in Renton for $55.5MM

By Kate Snyder A hotel in Renton traded hands recently, showing that the city’s hospitality market continues to attract investors. The Residence Inn by Marriott was purchased by an entity affiliated with Apple Hospitality REIT, Inc., for $55.5 million, or approximately $380,136 per room, according to King County public records. The seller was an entity […]