Announced
Completed
Synopsis
Vukota Capital Management completed the acquisition of Economy Lodging Portfolio of AHIP for $215.5m. "We're especially pleased with the acquisition cap rate and short closing timeline for this transaction, as the cash flow from these newer hotels will minimize the dilution from the sale of the Economy Lodging portfolio. With no major capital renovations required, the hotels in this portfolio should perform without any income displacement," John O'Neill, AHIP.
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