UPDATED WITH SALE CLOSING: Morguard Corp. has sold a portfolio of 14 hotels in Halifax, Ottawa, the Greater Toronto Area and Sudbury, Ont., for $410 million. Toronto-based InnVest acquired 10 of the assets.
Are planning thresholds "magic" numbers? Why are rates and policies applied across the board for all developments as soon as the "magic" number is hit? Most importantly, is there a better way?
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