Western Host Partnership Sells Sacramento Hotel
Western Host Sacramento Partners, a real estate partnership based in Woodland Hills, said it sold a hotel located in Sacramento and related assets to Fred C. Sands for approximately $3.5 million.
The partnership said it would distribute $200,000 of the purchase price to partners and use another $200,000 to pay off sale expenses and reduce debt. The rest of the purchase price is in a promissory note from Sands to Western Host.
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