Sotherly Hotels Inc

NASDAQ:SOHO   3:51:18 PM EDT
1.73
+0.08 (+5.18%)
Debt Financing / Related

Sotherly Hotels Inc Completes Sale Of Raleigh, NC Hotel, Partially Repays Corporate Debt

Published: 06/14/2022 12:24 GMT
Sotherly Hotels Inc (SOHO) - Sotherly Hotels Inc. Completes Sale of Raleigh, Nc Hotel, Partially Repays Corporate Debt.
Sotherly Hotels Inc- Closed on Sale of Doubletree by Hilton Raleigh Brownstone in Raleigh, North Carolina for $42 Million.
Sotherly Hotels Inc- a Portion of Proceeds From Sale Were Used to Repay First Mortgage and Repay a Majority of Kemmons Wilson Secured Note.