Articles by Greg Morcroft

Greg Morcroft joined IBTimes in June of 2013. Before that he spent more than 20 years in various roles in newsrooms at Reuters, MarketWatch and Dow Jones. He lives in Cobble Hill, Brooklyn with his wife Dena, daughter Emma and son Liam. 

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Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.