Edition:
India

Chatham Lodging Acquires New Residence Inn Charleston Summerville


Wednesday, 29 Aug 2018 

Aug 28 (Reuters) - Chatham Lodging Trust ::CHATHAM LODGING ACQUIRES BRAND NEW RESIDENCE INN CHARLESTON SUMMERVILLE, S.C..CHATHAM LODGING TRUST - ACQUIRES NEW RESIDENCE INN CHARLESTON SUMMERVILLE, S.C. FOR $20.8 MILLION.CHATHAM LODGING TRUST - CHATHAM FUNDED PURCHASE USING AVAILABLE CASH AND BORROWINGS ON ITS UNSECURED CREDIT FACILITY.CHATHAM LODGING TRUST - HOTEL WILL BE MANAGED BY ISLAND HOSPITALITY MANAGEMENT, WHICH IS 51 PERCENT OWNED BY FISHER. 

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