Tag: hotel acquisition
SoTHERLY Hotels Acquires Georgian Terrace Hotel
WILLIAMSBURG, Va.—SoTHERLY Hotels Inc. has acquired the Georgian Terrace Hotel, an adjacent 698-space parking structure, and a 0.6 acre development parcel for $61 million....
AHIP Closes $37.1 Million Hotel Portfolio Acquisition
VANCOUVER—American Hotel Income Properties REIT LP announced the closing of its previously announced acquisition of a portfolio of four hotel properties located in Virginia...
Ashford Prime to Acquire Sofitel Chicago Water Tower
Ashford Hospitality Prime Inc. announced that it has signed a definitive agreement to acquire the 415-room Sofitel Chicago Water Tower for a total consideration...