California investor buys second Mag Mile-area hotel in 2 months

    Less than two months after buying one hotel off Michigan Avenue, a California investor is coming back for more.

    Sunstone Hotel Investors Inc. says it has agreed to buy the 357-room Hilton Garden Inn Chicago Downtown/Magnificent Mile for $91.8 million, or $257,000 a room.

    Read more.

    Less than two months after buying one hotel off Michigan Avenue, a California investor is coming back for more.

    Sunstone Hotel Investors Inc. says it has agreed to buy the 357-room Hilton Garden Inn Chicago Downtown/Magnificent Mile for $91.8 million, or $257,000 a room.

    Read more.

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