Home Ashford Trust acquisition of Lakeway Resort complete
 

Keywords :   


Ashford Trust acquisition of Lakeway Resort complete

2015-02-10 17:40:13| Jewelry - Topix.net

Ashford Hospitality Trust, Inc. said it has completed the acquisition of the 168-room Lakeway Resort & Spa for a total consideration of USD33.5 million. The company said the purchase price of USD33.5 million represents a forward 12-month estimated cap rate of 8.7 percent on net operating income.

Tags: complete trust resort acquisition

Category:Consumer Goods and Services

Latest from this category

All news

05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Primark owner profits jump despite summer washout
05.11Boeing strike ends as workers back 38% pay rise deal
05.11Green energy plan needs 600 miles of power lines - report
Consumer Goods and Services »
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »