Lowe Enterprises Investors (LEI) has acquired the 213-room Affinia Chicago Hotel from Denihan Hospitality Group. No purchase price was disclosed.
LEI’s affiliate, Destination Hotels & Resorts, will reflag the hotel as MileNorth.
The hotel, which is one block from the city’s Magnificent Mile, has 3,000 square feet of meeting space as well as a restaurant and rooftop bar.
LEI owns the Embassy Suites Chicago-North Shore Deerfield.
Denihan has five Affinia-branded hotels in New York City, including the Affinia Dumont and Affinia Shelburne. Denihan also operates the James Chicago.
Follow Danny King on Twitter @dktravelweekly.