Triad hotel sells for $6.73 million to local buyer

WINSTON-SALEM, N.C. — A Triad hotel near a major mall sold for $6.73 million in a transaction that closed Thursday.

Mansa Hospitality Winston, managed by Rakenkumar Shah of Greensboro, bought the Courtyard by Marriott (NASDAQ: MAR) Winston-Salem Hanes Mall at 1600 Westbrook Plaza Drive from Apple Hospitality REIT of Richmond, Virginia.

For more information on hotel sales and Winston-Salem, click here to read the full story on the Triad Business Journal's website.

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