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Stock Market & Financial Investment News

News Breaks
December 21, 2012
17:56 EDTSPPRSupertel Hospitality sells GuestHouse Inn for $1.1M
Supertel Hospitality announced that it sold the 114-room GuestHouse Inn in Jackson, TN for $1.1M. Supertel purchased the property in July 1998 and it was no longer classified as a core holding. The company will use the proceeds from the sale for general corporate purposes.
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August 22, 2014
13:02 EDTSPPRSupertel Hospitality announces sale of Stone Mountain suites
Supertel Hospitality announced that it has sold the 140-room Savannah Suites in Stone Mountain, Georgia, on August 21 for $1.5M. Supertel will use the proceeds from the sale to retire the mortgage on the property. The company closed on the sale of the Savannah Suites in Jonesboro, Georgia, on July 15 for $1.4M.

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