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BRIEF-Chatham Lodging Trust Sells Homewood Suites By Hilton Carlsbad, Calif.
December 21, 2017 / 11:50 AM / a month ago

BRIEF-Chatham Lodging Trust Sells Homewood Suites By Hilton Carlsbad, Calif.

Dec 21 (Reuters) - Chatham Lodging Trust:

* CHATHAM LODGING TRUST SELLS HOMEWOOD SUITES BY HILTON CARLSBAD, CALIF.

* CHATHAM LODGING TRUST - DEAL FOR ‍FOR $33 MILLION​

* CHATHAM LODGING TRUST - IN CONNECTION WITH SALE, BUYER ASSUMED A $20 MILLION CMBS LOAN THAT CARRIED AN INTEREST RATE OF 4.3 PERCENT

* CHATHAM LODGING TRUST - ‍REMAINING PROCEEDS OF $13 MILLION FROM SALE WILL BE UTILIZED TO REDUCE BORROWINGS ON CHATHAM‘S UNSECURED CREDIT FACILITY​ Source text for Eikon: Further company coverage:

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