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Tag Archives: hospitality trust
Thayer Lodging Group Pays $96M for Hotel – GlobeSt.com
GlobeSt.com Thayer Lodging Group Pays $96M for HotelGlobeSt.comThe pricing equates to a 3.7% capitalization rate. Cushman & Wakefield Sonnenblick Goldman served as the exclusive financial advisor to Ashford Hospitality Trust. Built in 1987 and recently renovated at a cost of … Continue reading
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Tagged Capitalization, capitalization rate, com, comThe, cushman, hospitality trust, Hotel, Lodging, lodging group, sonnenblick goldman
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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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Tagged Acquires, Capitalization, capitalization rate, DCMarketWatch, hampton inn, hersha hospitality, hospitality trust, press, Purchase, room hotel
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