REAL ESTATE

Hilton to Buy Stakes in 2 Hotels: Hilton Hotels Corp. said it will purchase Prudential Insurance Co.’s 33.3% stake in the 1,543-room Chicago Hilton & Towers and its 50% interest in the 1,895-room San Francisco Hilton & Towers. Newark, N.J.-based Prudential, in turn, agreed to buy Hilton’s 10% interest in the 500-room Miami Airport Hilton. Hilton, based in Beverly Hills, put the total value of the deal at $163 million but would not disclose Prudential’s cost in acquiring the stake in the Miami hotel. Hilton said it has been managing all three properties and will continue to do so. The transaction is expected to be completed in the third quarter.