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Embassy Suites Changes Hands for $15.8M | Lexington News
A major real estate shift is underway in Lexington as the Embassy Suites at 245 Lexington Green Circle just sold for $15.85 million — a whopping $4 million less than its previous owners paid in 2016. The new buyers? Somera Capital Management, a California-based investment firm, signaling a potential change in direction for this popular hotel nestled near key destinations like UK, Kroger Stadium, and New Circle Road. This sale follows another big local deal: the 21c Museum Hotel’s recent $14 million purchase by a local group, hinting at rising investor interest in Lexington’s hospitality…
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