Brief: Morguard Completes $410 Million Sale Of Hotel Portfolio
19/01/2024 12:07
Jan 19 (Reuters) - Morguard Corp MRC.TO :
* MORGUARD COMPLETES $410 MILLION SALE OF HOTEL PORTFOLIO
* UPON CLOSING TRANSACTION, MORGUARD REPAID FIRST MORTGAGE
DEBT
TOTALING $48.7 MILLION, RESULTING IN NET PROCEEDS OF $361.3
MILLION
Source text for Eikon: ID:nCNWXgtBXa
Further company coverage: MRC.TO
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