Tag Archives: Acquires

Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for … – Business Wire (press release)

Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for …Business Wire (press release)Based on 2010 results, the purchase price equates to an EBITDA multiple of 13.4x and a capitalization rate of 6.1% utilizing NOI that is approximately 36% below its … Continue reading

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Hersha Hospitality Acquires Hampton Inn Washington, DC – MarketWatch (press release)

Hersha Hospitality Acquires Hampton Inn Washington, DCMarketWatch (press release)The purchase price of $73.0 million represents a forward capitalization rate of approximately 8.3% on the hotel's projected 2011 net operating income, …Hersha Hospitality Trust acquires 228-room hotel in Washington DC for … Continue reading

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Hersha Hospitality Acquires Hampton Inn Washington, DC – MarketWatch (press release)

Hersha Hospitality Acquires Hampton Inn Washington, DCMarketWatch (press release)The purchase price of $73.0 million represents a forward capitalization rate of approximately 8.3% on the hotel's projected 2011 net operating income, …Hersha Hospitality Trust acquires 228-room hotel in Washington DC for … Continue reading

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Excel Trust Acquires Properties for $71.7 Million – MarketWatch (press release)

Excel Trust Acquires Properties for $71.7 MillionMarketWatch (press release)… properties for a combined asset value of $71749078 at an approximate capitalization rate of 8.5% (excluding land for development in Rockwall, TX). … and more » read more

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Excel Trust Acquires Five Additional Properties, Announces New Contracts – MarketWatch (press release)

Excel Trust Acquires Five Additional Properties, Announces New ContractsMarketWatch (press release)… Shop 'n Save property has approximately 53411 square feet of gross leasable area, and was purchased for $8450000 at an approximate cap rate of 8.72%. …Excel Trust Buys Five … Continue reading

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Inland Acquires $424M Portfolio from Joint Venture – Retail Traffic

Inland Acquires $424M Portfolio from Joint VentureRetail TrafficThe sales price of $23.5 million represents $121 per square foot or a 7.7 percent cap rate. Brad Nathanson, a vice president investments and director of the … and more » read more

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Equity Residential Acquires Two Manhattan Luxury Apartment Towers; Signs … – Business Wire (press release)

Equity Residential Acquires Two Manhattan Luxury Apartment Towers; Signs …Business Wire (press release)The initial capitalization rate on the combined transaction is 5.52%. The acquisition of these three properties is being funded primarily from disposition … and more » read more

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Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities in … – Reuters

Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities in …ReutersThe Company expects the blended cash cap rate for this acquisition to be consistent with its 2009 guidance, as discussed on its last earnings call. … and more » read more

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