Latest Sotherly Hotels Inc (SOHO) Headlines SoT
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Posted On: 03/13/2014 2:42:45 AM
Latest Sotherly Hotels Inc (SOHO) Headlines
SoTHERLY Hotels Inc. Reports Financial Results for the Fourth Quarter and Year 2013
Business Wire - Tue Feb 18, 8:00AM CST
Sotherly Hotels Inc. (NASDAQ:SOHO), formerly MHI Hospitality Corporation (NASDAQ:MDH) ("Sotherly", "SoTHERLY", or the "Company"), a self-managed and self-administered lodging real estate investment trust (a "REIT"), today reported its consolidated results for the fourth quarter and the year ended December 31, 2013. The Company's results include the following*:
SoTHERLY Hotels Inc. Schedules Fourth Quarter 2013 Earnings Release and Conference Call
Business Wire - Wed Jan 22, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced that the Company will report financial results for the fourth quarter 2013 prior to the market opening on Tuesday, February 18, 2014. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's fourth quarter 2013 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information.
SoTHERLY Hotels Inc. Announces Dividend
Business Wire - Tue Jan 21, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per common share of beneficial interest. The quarterly dividend will be paid on April 11, 2014 to shareholders of record as of March 14, 2014.
SoTHERLY Hotels Inc. Announces Promotion and New Hire
Business Wire - Thu Jan 02, 7:59AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that it has promoted Scott Kucinski to Vice President of Operations and Investor Relations. Mr. Kucinski will help oversee the Company's corporate operations activities including capital markets transactions, acquisitions and dispositions, asset management, and investor relations and compliance matters.
SoTHERLY Hotels declares USD57m refinancing of JV hotel in Florida
M2 - Tue Dec 31, 6:40AM CST
A real estate investment trust, SoTHERLY Hotels Inc (NASDAQ:SOHO), reported on Monday the USD57.0m refinancing of the Crowne Plaza Hollywood Beach Resort in Hollywood Beach, Florida (the hotel), a joint venture (JV) with the Carlyle Group in which it has a 25.0% interest.
SoTHERLY Hotels Inc. Announces Refinancing of Joint Venture Asset
Business Wire - Mon Dec 30, 2:18PM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced today the $57.0 million refinancing of the Crowne Plaza Hollywood Beach Resort in Hollywood Beach, Florida (the "Hotel"). The Company has a 25.0 percent interest in the Hotel through a Joint Venture with the Carlyle Group. The Bank of America Merrill Lynch loan is collateralized by an interest-only non-recourse first mortgage on the Hotel which bears a floating interest rate of the one-month LIBOR rate plus 3.95% and matures in January 2016. The proceeds from the loan were used to repay the existing first mortgage and to make distributions to the Joint Venture partners. The Company used approximately $3.5 million of its share of the distribution proceeds to extinguish its indebtedness related to the Joint Venture.
SoTHERLY Hotels signs warrant redemption agreement with two holders for redemption price of USD3.975m
M2 - Mon Dec 30, 6:04AM CST
SoTHERLY Hotels Inc (NASDAQ:SOHO), a real estate investment trust, has signed a Warrant Redemption Agreement with Essex Illiquid LLC and Richmond Hill Capital Partners LP (the holders), it declared on Friday.
SoTHERLY Hotels Inc. Announces Redemption of Warrant
Business Wire - Fri Dec 27, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has entered into a Warrant Redemption Agreement with Essex Illiquid, LLC and Richmond Hill Capital Partners, LP (the "Holders") to redeem the remaining portion of the Warrant corresponding to an aggregate of 1,000,000 Issuable Warrant Shares for an aggregate cash redemption price of $3.975 million.
SoTHERLY Hotels acquires entity that owns Houston property for USD30.65m
M2 - Fri Nov 15, 9:59AM CST
Real estate investment trust SoTHERLY Hotels Inc (NASDAQ:SOHO) declared on Thursday the acquisition of an entity that owns the Crowne Plaza Houston Downtown Hotel, for USD30.65m in cash, 32,929 units of limited partnership interests in Sotherly Hotels LP and additional cash amount for the hotel's working capital, as of the closing date.
SoTHERLY Hotels Inc. Announces Acquisition of Houston Property
Business Wire - Thu Nov 14, 4:04PM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel (the "Hotel") for $30.65 million in cash and 32,929 units of limited partnership interests in Sotherly Hotels LP, plus an additional cash amount for the Hotel's working capital as of the closing date. The 259-room, upscale, full-service hotel is located in downtown Houston, Texas. The property will be managed by Chesapeake Hospitality.
SoTHERLY Hotels Inc. Reports Financial Results for the Third Quarter 2013
Business Wire - Tue Nov 05, 8:00AM CST
Sotherly Hotels Inc. (NASDAQ: SOHO), formerly MHI Hospitality Corporation (NASDAQ: MDH) ("Sotherly", "SoTHERLY", or the "Company"), a self-managed and self-administered lodging real estate investment trust (a "REIT"), today reported its consolidated results for the third quarter ended September 30, 2013. The Company's results include the following*:
Mack-Cali Q3 FFO Meets Ests; Revs Lag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 25, 8:40AM CDT
Mack-Cali reported third-quarter 2013 FFO of 57 cents per share, in line with the Zacks Consensus Estimate.
SoTHERLY Hotels Inc. Announces Partial Redemption of Warrant
Business Wire - Thu Oct 24, 3:00PM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has entered into a Warrant Redemption Agreement with Essex Illiquid, LLC and Richmond Hill Capital Partners, LP (the "Holders") to redeem a portion of the Warrant corresponding to an aggregate of 900,000 Issuable Warrant Shares for an aggregate cash redemption price of $3.2 million.
SoTHERLY Hotels Inc. Announces 12.5% Increase to Dividend
Business Wire - Tue Oct 22, 8:00AM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per common share of beneficial interest. The quarterly dividend will be paid on January 10, 2014 to shareholders of record as of December 13, 2013.
Terreno Realty Buys New Jersey Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 21, 4:00PM CDT
Terreno Realty announced the acquisition of two industrial properties in Carlstadt, N.J. The company shelled out about $9.9 million for the purchase.
DCT Industrial Sheds Mexico Portfolio - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 18, 3:50PM CDT
Industrial real estate investment trust -- DCT Industrial Trust -- disposed its entire Mexico portfolio for $82.7 million.
Prologis Preleases China Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 17, 5:19PM CDT
Industrial REIT, Prologis preleased a China-based facility to the e-commerce division of a leading traditional retailer -- RT-MART International Ltd.
Vornado Gains on Manhattan Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 17, 4:30PM CDT
Shares of Vornado gained 2.38% since the company announced the acquisition of land and air rights for 137,000 zoning square feet of space at its development site -- 220 Central Park South -- in Manhattan on Oct 15, 2013.
SoTHERLY Hotels Inc. Schedules Third Quarter 2013 Earnings Release and Conference Call
Business Wire - Thu Oct 10, 10:04AM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced that the Company will report financial results for the third quarter 2013 prior to the market opening on Tuesday, November 5, 2013. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's third quarter 2013 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information.
Liberty Closes Cabot Fund Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 09, 9:00AM CDT
Liberty Property sealed the buyout of the operating partnership of Cabot Industrial Value Fund III for around $1.475 billion.
SoTHERLY Hotels Inc. Reports Financial Results for the Fourth Quarter and Year 2013
Business Wire - Tue Feb 18, 8:00AM CST
Sotherly Hotels Inc. (NASDAQ:SOHO), formerly MHI Hospitality Corporation (NASDAQ:MDH) ("Sotherly", "SoTHERLY", or the "Company"), a self-managed and self-administered lodging real estate investment trust (a "REIT"), today reported its consolidated results for the fourth quarter and the year ended December 31, 2013. The Company's results include the following*:
SoTHERLY Hotels Inc. Schedules Fourth Quarter 2013 Earnings Release and Conference Call
Business Wire - Wed Jan 22, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced that the Company will report financial results for the fourth quarter 2013 prior to the market opening on Tuesday, February 18, 2014. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's fourth quarter 2013 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information.
SoTHERLY Hotels Inc. Announces Dividend
Business Wire - Tue Jan 21, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per common share of beneficial interest. The quarterly dividend will be paid on April 11, 2014 to shareholders of record as of March 14, 2014.
SoTHERLY Hotels Inc. Announces Promotion and New Hire
Business Wire - Thu Jan 02, 7:59AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that it has promoted Scott Kucinski to Vice President of Operations and Investor Relations. Mr. Kucinski will help oversee the Company's corporate operations activities including capital markets transactions, acquisitions and dispositions, asset management, and investor relations and compliance matters.
SoTHERLY Hotels declares USD57m refinancing of JV hotel in Florida
M2 - Tue Dec 31, 6:40AM CST
A real estate investment trust, SoTHERLY Hotels Inc (NASDAQ:SOHO), reported on Monday the USD57.0m refinancing of the Crowne Plaza Hollywood Beach Resort in Hollywood Beach, Florida (the hotel), a joint venture (JV) with the Carlyle Group in which it has a 25.0% interest.
SoTHERLY Hotels Inc. Announces Refinancing of Joint Venture Asset
Business Wire - Mon Dec 30, 2:18PM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced today the $57.0 million refinancing of the Crowne Plaza Hollywood Beach Resort in Hollywood Beach, Florida (the "Hotel"). The Company has a 25.0 percent interest in the Hotel through a Joint Venture with the Carlyle Group. The Bank of America Merrill Lynch loan is collateralized by an interest-only non-recourse first mortgage on the Hotel which bears a floating interest rate of the one-month LIBOR rate plus 3.95% and matures in January 2016. The proceeds from the loan were used to repay the existing first mortgage and to make distributions to the Joint Venture partners. The Company used approximately $3.5 million of its share of the distribution proceeds to extinguish its indebtedness related to the Joint Venture.
SoTHERLY Hotels signs warrant redemption agreement with two holders for redemption price of USD3.975m
M2 - Mon Dec 30, 6:04AM CST
SoTHERLY Hotels Inc (NASDAQ:SOHO), a real estate investment trust, has signed a Warrant Redemption Agreement with Essex Illiquid LLC and Richmond Hill Capital Partners LP (the holders), it declared on Friday.
SoTHERLY Hotels Inc. Announces Redemption of Warrant
Business Wire - Fri Dec 27, 8:00AM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has entered into a Warrant Redemption Agreement with Essex Illiquid, LLC and Richmond Hill Capital Partners, LP (the "Holders") to redeem the remaining portion of the Warrant corresponding to an aggregate of 1,000,000 Issuable Warrant Shares for an aggregate cash redemption price of $3.975 million.
SoTHERLY Hotels acquires entity that owns Houston property for USD30.65m
M2 - Fri Nov 15, 9:59AM CST
Real estate investment trust SoTHERLY Hotels Inc (NASDAQ:SOHO) declared on Thursday the acquisition of an entity that owns the Crowne Plaza Houston Downtown Hotel, for USD30.65m in cash, 32,929 units of limited partnership interests in Sotherly Hotels LP and additional cash amount for the hotel's working capital, as of the closing date.
SoTHERLY Hotels Inc. Announces Acquisition of Houston Property
Business Wire - Thu Nov 14, 4:04PM CST
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has acquired the entity which owns the Crowne Plaza Houston Downtown Hotel (the "Hotel") for $30.65 million in cash and 32,929 units of limited partnership interests in Sotherly Hotels LP, plus an additional cash amount for the Hotel's working capital as of the closing date. The 259-room, upscale, full-service hotel is located in downtown Houston, Texas. The property will be managed by Chesapeake Hospitality.
SoTHERLY Hotels Inc. Reports Financial Results for the Third Quarter 2013
Business Wire - Tue Nov 05, 8:00AM CST
Sotherly Hotels Inc. (NASDAQ: SOHO), formerly MHI Hospitality Corporation (NASDAQ: MDH) ("Sotherly", "SoTHERLY", or the "Company"), a self-managed and self-administered lodging real estate investment trust (a "REIT"), today reported its consolidated results for the third quarter ended September 30, 2013. The Company's results include the following*:
Mack-Cali Q3 FFO Meets Ests; Revs Lag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 25, 8:40AM CDT
Mack-Cali reported third-quarter 2013 FFO of 57 cents per share, in line with the Zacks Consensus Estimate.
SoTHERLY Hotels Inc. Announces Partial Redemption of Warrant
Business Wire - Thu Oct 24, 3:00PM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that the Company has entered into a Warrant Redemption Agreement with Essex Illiquid, LLC and Richmond Hill Capital Partners, LP (the "Holders") to redeem a portion of the Warrant corresponding to an aggregate of 900,000 Issuable Warrant Shares for an aggregate cash redemption price of $3.2 million.
SoTHERLY Hotels Inc. Announces 12.5% Increase to Dividend
Business Wire - Tue Oct 22, 8:00AM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.045 per common share of beneficial interest. The quarterly dividend will be paid on January 10, 2014 to shareholders of record as of December 13, 2013.
Terreno Realty Buys New Jersey Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Oct 21, 4:00PM CDT
Terreno Realty announced the acquisition of two industrial properties in Carlstadt, N.J. The company shelled out about $9.9 million for the purchase.
DCT Industrial Sheds Mexico Portfolio - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Oct 18, 3:50PM CDT
Industrial real estate investment trust -- DCT Industrial Trust -- disposed its entire Mexico portfolio for $82.7 million.
Prologis Preleases China Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 17, 5:19PM CDT
Industrial REIT, Prologis preleased a China-based facility to the e-commerce division of a leading traditional retailer -- RT-MART International Ltd.
Vornado Gains on Manhattan Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 17, 4:30PM CDT
Shares of Vornado gained 2.38% since the company announced the acquisition of land and air rights for 137,000 zoning square feet of space at its development site -- 220 Central Park South -- in Manhattan on Oct 15, 2013.
SoTHERLY Hotels Inc. Schedules Third Quarter 2013 Earnings Release and Conference Call
Business Wire - Thu Oct 10, 10:04AM CDT
SoTHERLY Hotels Inc. (NASDAQ: SOHO) (the "Company") announced that the Company will report financial results for the third quarter 2013 prior to the market opening on Tuesday, November 5, 2013. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's third quarter 2013 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information.
Liberty Closes Cabot Fund Buyout - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 09, 9:00AM CDT
Liberty Property sealed the buyout of the operating partnership of Cabot Industrial Value Fund III for around $1.475 billion.
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