Brief: Summit Hotel Properties Announces Pending Acquisition Of Two-Hotel Portfolio For $96 Million Through GIC Joint Venture

Summit Hotel Properties

10/12/2024 22:03

Dec 10 (Reuters) - Summit Hotel Properties Inc  INN.N :
    * SUMMIT HOTEL PROPERTIES ANNOUNCES PENDING ACQUISITION OF
TWO-HOTEL PORTFOLIO FOR $96 MILLION THROUGH GIC JOINT VENTURE
    * SUMMIT HOTEL PROPERTIES INC - TRANSACTION TO BE FINANCED
WITH
CASH AND $50 MILLION TERM LOAN

Source text:  urn:newsml:reuters.com:*:nPn7h4Vnxa
Further company coverage:  INN.N 

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