Goldman Said to Sell 150 Hotels to Moody National REIT for $1.73 Billion | bloomberg.com

Goldman Sachs Group Inc. is selling almost 150 U.S. hotels acquired during the last decade’s property boom to a nontraded real estate investment trust for $1.73 billion, according to two people with knowledge of the deal. Moody National REIT Inc. is buying 149 limited-service hotels from the bank’s Whitehall Street real estate unit, said the people, who asked not to be identified because the transaction is private.