Chatham Lodging acquires hotel in Greater Charleston

Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Chatham Lodging Trust :Chatham Lodging acquires hotel in Greater Charleston, S.C..Acquired 96-room courtyard by Marriott Charleston Summerville, S.C., for $20.2 million​.Funded purchase through available cash from recently completed 5 million share offering that raised approximately $109 million dollars​.Marriott Charleston Summerville, S.C. ‍will be managed by Island Hospitality Management, which is 51 percent owned by Fisher​. 

Company Quote

-0.28 -1.58%
8:21pm IST