L.A. investor buys Affinia Chicago Hotel

A Los Angeles-based investor has bought the Affinia Chicago Hotel in Streeterville with plans to give it a new name: MileNorth.

Lowe Enterprises Investors says it has acquired the 213-room hotel at 166 E. Superior St. from Denihan Hospitality Group, Lowe bought the 28-story building for an investment client and has brought in a sister company, Destination Hotels & Resorts, to run it.

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