Deal Snapshot
AMERICAN HOTEL INCOME PROPERTIES REIT BUYS KANSAS, US HOTEL FO RUSD 3.31M
Friday 13 November 2015

Canadian lodging investor American Hotel Income Properties REIT LP (TSX: HOT) (OTCQX: AHOTF) has closed its acquisition of a 70-room hotel located in Fort Scott, Kansas for an aggregate purchase price of USD 3.315m, the company said.
The Fort Scott Property is secured by a new multiyear rail crew lodging contract with one of the largest railway companies in the United States, which guarantees the majority of the property's available guestrooms.


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Details
Date Published: 13/11/2015
Target: 70-room hotel located in,  Fort Scott, Kansas
Country: USA
Deal Size: 3.315m (USD)
Sector: Hotels/Restaurants/Casinos/Catering
Type: LBO
Financing: Cash
Status: Closed
Vendor:
Buyer: American Hotel Income Properties REIT LP
Comment:


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