Sales of four Baton Rouge hotels close for $38.4M as part of $150M deal

The DoubleTree by Hilton Baton Rouge is located at Interstate 10 and College Drive and just five miles from downtown Baton Rouge. (FILE PHOTO)

New York-based American Realty Capital Hospitality Trust Inc. paid roughly $38.4 million for four Baton Rouge hotels as part of a previously announced $150 million deal with Summit Hotel Properties fo…

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