American Hotel (AHOTF) 8.9450 $AHOTF
American Hotel Income Properties REIT LP Announces Timing of Release of 2014 Annual Financial Results and Conference Call
CNW Group - Fri Feb 06, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today that it intends to release its financial results for the year ended December 31, 2014 before the open of the Toronto Stock Exchange ("TSX" on Friday March 20, 2015.
American Hotel Income Properties REIT LP commences new railway growth strategy
PR Newswire - Fri Jan 23, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced today the commencement of a new railway growth strategy involving the construction of additional guestrooms at existing, high occupancy Oak Tree Inn railway hotels. The first opportunity involves a commitment with SunOne Developments Inc. ("SunOne" to construct a 24-room expansion at the existing 109-room Oak Tree Inn and Penny's Diner located in Dexter, Missouri. The existing property is currently operating at over 100% occupancy and is secured by a long-term railway contract. The expansion will be financed and developed in accordance with the existing Master Development Agreement with SunOne. AHIP will acquire the additional guestrooms for a total purchase price of US$2.7 million, which is 95% of the as-stabilized appraised value, as determined by a nationally recognized appraisal company and reflects a double-digit year one capitalization rate and expected return on equity. Management anticipates that this expansion will be immediately accretive to unitholders. Construction will begin immediately with completion targeted for late-2015.
American Hotel Income Properties REIT LP announces January 2015 cash distribution
PR Newswire - Mon Jan 19, 10:10PM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit ("Unit" for the period of January 1, 2015 to January 31, 2015, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid on February 13, 2015 to unitholders of record at the close of business on January 30, 2015.
American Hotel Income Properties declares distribution of CAD0.075 per limited partnership unit for December 2014
M2 - Thu Dec 18, 5:14AM CST
American Hotel Income Properties REIT LP (TSX:HOT.UN) (OTCQX:AHOTF), a limited partnership, declared on Wednesday that it will pay a monthly cash distribution of CAD0.075 per limited partnership unit, for December 2014.
HOT-UN.TO: 11.12 (-0.11)
American Hotel Income Properties REIT LP announces December 2014 cash distribution
CNW Group - Wed Dec 17, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit ("Unit" for the period of December 1, 2014 to December 31, 2014, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid on January 15, 2015 to unitholders of record at the close of business on December 31, 2014.
American Hotel Income Properties REIT LP announces new mortgage and renewal of its revolving line of credit facility
PR Newswire - Tue Dec 09, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of a new mortgage totaling US$11.2 million related to four new-build Oak Tree Inn railway properties acquired over the past few months. AHIP has also renewed its US$4.0 million revolving line of credit facility that can now be utilized for general working capital purposes, in addition to construction financing of new-build railway properties.
American Hotel Income Properties REIT LP Announces the Grand Opening of its 37th Oak Tree Inn Rail Hotel in Brunswick, Maryland
PR Newswire - Wed Dec 03, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced the grand opening of the new 25-room Oak Tree Inn hotel and 24-hour Penny's Diner in Brunswick, Maryland (the "Property" . The hotel was purpose built for a national U.S. railway client and is a further expansion of AHIP's strategy to be the largest and preferred provider of specialized accommodation facilities to the U.S. freight railway industry.
American Hotel Income Properties REIT LP announces completion of US$41.0 million portfolio acquisition in North Carolina and Florida
CNW Group - Wed Nov 26, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) today announced the completion of its previously announced acquisition of a portfolio of four branded hotel properties (the "Acquisition Properties" located in North Carolina and Florida for an aggregate purchase price of US$41.0 million (or approximately $116,000 per room), excluding US$2.5 million for brand mandated property improvement plans (the "PIPs" and before customary closing and post-acquisition adjustments.
American Hotel Income Properties REIT LP announces the acquisition of its 60th hotel - the Oak Tree Inn and Penny's Diner in Brunswick, Maryland
CNW Group - Mon Nov 24, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) today announced the acquisition of its 60th( )hotel - a newly built 25-room Oak Tree Inn and Penny's Diner in Brunswick, Maryland (the "Property" from SunOne Developments Inc. ("SunOne" . The total purchase price of approximately US$2.8 million plus customary closing costs and adjustments was funded by cash on hand offset by approximately US$0.4 million in mezzanine loans owed by SunOne to AHIP.
American Hotel Income Properties REIT LP announces US$41.0 million branded hotel portfolio acquisition
PR Newswire - Fri Nov 21, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP" (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of four branded hotel properties (the "Acquisition Properties" located in North Carolina and Florida for an aggregate purchase price of US$41.0 million before customary closing and post-acquisition adjustments. The purchase price does not include a US$2.5 million restricted cash reserve for the completion of brand mandated property improvement plans ("PIPs" .
American Hotel Income Properties REIT LP Announces Timing of Release of 2014 Annual Financial Results and Conference Call
CNW Group - Fri Feb 06, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today that it intends to release its financial results for the year ended December 31, 2014 before the open of the Toronto Stock Exchange ("TSX" on Friday March 20, 2015. American Hotel Income Properties REIT LP commences new railway growth strategy
PR Newswire - Fri Jan 23, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today the commencement of a new railway growth strategy involving the construction of additional guestrooms at existing, high occupancy Oak Tree Inn railway hotels. The first opportunity involves a commitment with SunOne Developments Inc. ("SunOne" to construct a 24-room expansion at the existing 109-room Oak Tree Inn and Penny's Diner located in Dexter, Missouri. The existing property is currently operating at over 100% occupancy and is secured by a long-term railway contract. The expansion will be financed and developed in accordance with the existing Master Development Agreement with SunOne. AHIP will acquire the additional guestrooms for a total purchase price of US$2.7 million, which is 95% of the as-stabilized appraised value, as determined by a nationally recognized appraisal company and reflects a double-digit year one capitalization rate and expected return on equity. Management anticipates that this expansion will be immediately accretive to unitholders. Construction will begin immediately with completion targeted for late-2015. American Hotel Income Properties REIT LP announces January 2015 cash distribution
PR Newswire - Mon Jan 19, 10:10PM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit ("Unit" for the period of January 1, 2015 to January 31, 2015, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid on February 13, 2015 to unitholders of record at the close of business on January 30, 2015. American Hotel Income Properties declares distribution of CAD0.075 per limited partnership unit for December 2014
M2 - Thu Dec 18, 5:14AM CST
American Hotel Income Properties REIT LP (TSX:HOT.UN) (OTCQX:AHOTF), a limited partnership, declared on Wednesday that it will pay a monthly cash distribution of CAD0.075 per limited partnership unit, for December 2014.
HOT-UN.TO: 11.12 (-0.11)
American Hotel Income Properties REIT LP announces December 2014 cash distribution
CNW Group - Wed Dec 17, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit ("Unit" for the period of December 1, 2014 to December 31, 2014, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid on January 15, 2015 to unitholders of record at the close of business on December 31, 2014. American Hotel Income Properties REIT LP announces new mortgage and renewal of its revolving line of credit facility
PR Newswire - Tue Dec 09, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of a new mortgage totaling US$11.2 million related to four new-build Oak Tree Inn railway properties acquired over the past few months. AHIP has also renewed its US$4.0 million revolving line of credit facility that can now be utilized for general working capital purposes, in addition to construction financing of new-build railway properties. American Hotel Income Properties REIT LP Announces the Grand Opening of its 37th Oak Tree Inn Rail Hotel in Brunswick, Maryland
PR Newswire - Wed Dec 03, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced the grand opening of the new 25-room Oak Tree Inn hotel and 24-hour Penny's Diner in Brunswick, Maryland (the "Property" . The hotel was purpose built for a national U.S. railway client and is a further expansion of AHIP's strategy to be the largest and preferred provider of specialized accommodation facilities to the U.S. freight railway industry. American Hotel Income Properties REIT LP announces completion of US$41.0 million portfolio acquisition in North Carolina and Florida
CNW Group - Wed Nov 26, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) today announced the completion of its previously announced acquisition of a portfolio of four branded hotel properties (the "Acquisition Properties" located in North Carolina and Florida for an aggregate purchase price of US$41.0 million (or approximately $116,000 per room), excluding US$2.5 million for brand mandated property improvement plans (the "PIPs" and before customary closing and post-acquisition adjustments. American Hotel Income Properties REIT LP announces the acquisition of its 60th hotel - the Oak Tree Inn and Penny's Diner in Brunswick, Maryland
CNW Group - Mon Nov 24, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) today announced the acquisition of its 60th( )hotel - a newly built 25-room Oak Tree Inn and Penny's Diner in Brunswick, Maryland (the "Property" from SunOne Developments Inc. ("SunOne" . The total purchase price of approximately US$2.8 million plus customary closing costs and adjustments was funded by cash on hand offset by approximately US$0.4 million in mezzanine loans owed by SunOne to AHIP. American Hotel Income Properties REIT LP announces US$41.0 million branded hotel portfolio acquisition
PR Newswire - Fri Nov 21, 6:00AM CST
American Hotel Income Properties REIT LP ("AHIP"
(TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of four branded hotel properties (the "Acquisition Properties" located in North Carolina and Florida for an aggregate purchase price of US$41.0 million before customary closing and post-acquisition adjustments. The purchase price does not include a US$2.5 million restricted cash reserve for the completion of brand mandated property improvement plans ("PIPs" . 
