InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,018.39
(
-0.34%
)
US TECH 100
16,952.00
(
-0.19%
)
Dow Jones
37,903.29
(
0.23%
)
Brent Oil
83.49
(
-0.07%
)
Bitcoin
57,606.05
(
-1.08%
)
Post# of 398
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: None

Wednesday, 06/18/2014 2:24:47 PM

Wednesday, June 18, 2014 2:24:47 PM

Post# of 398
The four sold hotels include:

•65-room Baymont Inn and Suites, Brooks, Kentucky sold April 24, 2014 for $1.7 million
•101-room Super 8 hotel, Omaha, Nebraska (West Dodge) sold May 6, 2014 for $1.6 million
•108-room Super 8 hotel, Boise, Idaho sold June 4, 2014 for $2.8 million
•40-room Super 8 hotel, Clarinda, Iowa sold June 11, 2014 for $1.65 million

*These were exactly the type hotels in the portfolio that needed to go. I view this as a positive.

If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. -- EI2010

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up