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Bankrupt Trenton hotel acquired for $6M

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The 197-room Lafayette Yard Hotel & Conference Center in Trenton was purchased by Welcome Hotel Group LLC for $6 million.

According to the announcement, the hotel, located at 1 W. Lafayette St. in downtown Trenton, includes 11,000 square feet of meeting space. The buyer acquired the bankrupt hotel from Lafayette Yards Community Development Corporation at a public auction. Maryland-based hotel management firm Marshall Hotels and Resorts will lead rebranding efforts for the Lafayette.

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