Monday, July 2, 2007

UPDATE 1-Sunstone Hotel sells six non-core hotels for $150.5 mln

(Reuters) - Net proceeds of about $141 million from the sale will be
used to repay debt, the Southern California-based lodging real
estate investment trust said in a statement.




The sold hotels are Hilton Garden Inn , Courtyard and Residence Inn , Courtyard , Residence Inn
and Hawthorn Suites .


Read more at Reuters.com Mergers News

No comments: