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Ashford Hospitality Trust Completes Acquisition Of Pier House Resort And Spa

2013-05-15 00:07:21| Jewelry - Topix.net

Acquired at a trailing 12-month cap rate of 6.2% and trailing 12-month EBITDA yield of 7.0% Pro forma trailing 12-month cap rate of 8.4% and pro forma trailing 12-month EBITDA multiple of 10.5x assuming Remington management Ashford Hospitality Trust, Inc.

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Ashford Hospitality Trust Announces Acquisition Of Pier House Resort and Spa For $90 Million

2013-05-08 01:27:20| Jewelry - Topix.net

Acquired at a trailing 12-month cap rate of 6.2% and trailing 12-month EBITDA yield of 7.0% Purchase price equates to a forward 12-month cap rate of 7.6%, forward 12-month EBITDA yield of 8.5%, and a forward 12-month EBITDA multiple of 11.8x Ashford Hospitality Trust, Inc.

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Historic 249-Key San Marcos Resort Sells to CA Investor

2013-05-07 13:44:00| National Real Estate Investor

Newmark Grubb Knight Franks has sold the Crown Plaza San Marcos to an unnamed California investor group. Details of the deal were not made public. The 249-key hotel sold out of receivership as real estate owned by the seller, Guarantee Bank and Trust Co. of Denver. read more

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250-Key LEGOLAND Hotel and Resort Opens

2013-04-29 13:39:00| National Real Estate Investor

Construction has completed on the 250-key LEGOLAND Hotel and LEGOLAND California Resort. R.D. Olson Construction built the facility, which the company calls its most intriguing hotel project. read more

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Senate panel rejects bill requiring dispersants be considered last resort option

2013-04-23 22:29:24| Waste Management - Topix.net

A dispersant plane was photographed April 27 passing an oil skimmer working to clean the Gulf of Mexico oil leak.

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