Joint venture buys Renaissance Meadowlands Hotel in N.J.

The Renaissance Meadowlands Hotel in Rutherford, N.J., has been purchased by a joint venture of RockBridge Partners and Concord Hospitality Enterprises. The new owners say they plan to invest $5.25 million in renovations on the 167-room property, including its guest rooms and public spaces. Read the GlobeSt.com story here.

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