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Amin to buy Chicago’s Wade Hotel for $20 million to $25 million

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  • Vinayaka Hospitality is under contract to purchase Chicago’s Wade Hotel from Park Hotels & Resorts.
  • The transaction is expected to cost $20 million to $25 million, or about $50,000 per room.
  • The acquisition would be Amin’s fourth major downtown Chicago hotel purchase since summer 2025.
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