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AHIP Closes $37.1 Million Hotel Portfolio Acquisition

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 for an aggregate purchase price of approximately $37.1 million, including up to $1.6 million for defeasance ...

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Strategic Hotels’ Shares Rise Above 2008 Levels

Strategic Hotels’ Shares Rise Above 2008 Levels

While most hotel companies saw very positive gains in 2013, buoyed by strong fourth-quarter results, Strategic Hotels has had a better-than-expected trajectory. According to this report from Crain’s Chicago Business the Chicago-based real estate investment trust reported funds from operations ...

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