When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
INN - Summit Hotel Properties acquires Residence Inn by Marriott Boston Watertown
Summit Hotel Properties Inc.
Summit Hotel Properties (INN+0.4%) announced it has completed the acquisition of the 150-guestroom Residence Inn by Marriott Boston Watertown for purchase price of $71M. The company estimates a capitalization rate of 8.1% and contribution of ~$1.7M of EBITDAre through the remainder of 2018.
More news on: Summit Hotel Properties, Inc., Merger & acquisition news,