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Cerberus, Chatham Hire CBRE to Sell 11 Innkeepers USA Hotels

Cerberus Capital Management LP and Chatham Lodging Trust plan to sell 11 hotels from the Innkeepers USA Trust portfolio they bought last month.

The companies hired CBRE Group Inc. to market the properties, the real estate services firm said in a statement today. The hotels comprise 1,246 rooms in Maryland, Massachusetts, Illinois, Indiana, Michigan and New York.