Five Mile Said to Buy $700 Million in Red Roof Debt to Take Over 143 Inns - Bloomberg

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Five Mile Said to Buy $700 Million in Red Roof Debt to Take Over 143 Inns Bloomberg A joint venture led by Five Mile Capital Partners LLC gained control of 143 hotels by acquiring $700 million of Red Roof Inns Inc. debt for 50 cents on the dollar, said the person ... Red Roof Announces Completion of Its Recapitalization; Resolution Will ... MarketWatch (press release) Red Roof Inn sells 1! 94 hotels, sheds $700M in debt Bizjournals.com Red Roof sale significance cited CRE Finance (subscription)  »