Deal Snapshot
AMERICAN HOTEL INCOME PROPERTIES REIT CLOSES ACQUISITION OF NEBRASKA RAIL CREW HOTEL
Tuesday 12 January 2016

Canadian real estate investor American Hotel Income Properties REIT LP (TSX: HOT.UN) (OTCQX: AHOTF) has closed its acquisition of a 133-room hotel located in Lincoln, Nebraska, the company said. This is the REIT's 80th income property.
The Lincoln Property features a rail crew lodging contract with a large national US railway and is being acquired for an aggregate purchase price of approximately USD 3.9m, including approximately USD 1.2m for planned capital expenditures, and excluding closing and post-acquisition adjustments.


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Details
Date Published: 12/01/2016
Target: 133-room hotel located in,  Lincoln, Nebraska
Country: USA
Deal Size: 3.9m (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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