Comfort Inn Midtown West Hotel www.NYCComfortInn.com Book Online to get the best deal. Close to all major Midtown Attractions such as Times Suare ...
IRSA Inversiones y Representaciones (NYSE: IRS) Affiliate Agrees to Purchase ...
, A real estate investment
trust (REIT) which owns 101 hotels in 23 states, today announced that
it has entered into a purchase agreement for the issuance and sale of
convertible preferred stock to Real Estate Strategies L.P. ("the
Investor"), an investment vehicle indirectly controlled by IRSA
Inversiones y Representaciones Sociedad Anonima ("IRSA"), an
Argentina-based company. Subject to the approval of the shareholders
of Supertel and IRSA's satisfaction with certain debt refinancing of
Supertel, Supertel will issue and sell two million shares of a
newly-created series of preferred stock for $20 million to the
Investor. The Investor will also have the option, to be exercised
prior to closing, to purchase up to an additional one million of
preferred shares for $10 per share.
Supertel President and CEO Kelly Walters welcomed the investment of
IRSA into Supertel, "for IRSA has shown an important growth in the
last 2 decades and is worldwide recognized for its vision to find
companies with high growth potential". Eduardo S. Elsztain, Chairman
of IRSA, commented: "our investment is a vote of confidence in the
direction that Supertel has been pursuing in terms of repositioning
its portfolio, improving property level management, and strengthening
the company's balance sheet. We expect that with this investment,
Supertel will have made significant progress in its ongoing effort to
optimize its capital structure to ultimately resume growth and regain
the financial flexibility needed to reach its full potential".
Savannah, GA, U.S Overflowing With Incredible Tourist Attractions ...
Founded in 1733 as the first colonial, Savannah is the brill burgh of U.S asseverate of Georgia.With awesome architecture, distinguished buildings and firm control, this splendid town attracts millions of visitors every year.It offers something for the people of all ages. The most distinguished sightseeing and attractions here tabulate like Forsyth Commons, River Row, the Arts, Owens Thomas Congress & Museum, Andrew Low Household and Cathedral of St. John the Baptist etc.
Courtesy energy in Savannah has to a large grown. Hence, while here, you will not have to nag much for grant-in-aid. There are...
Chesterfield Observer (subscription) - Mar 18, 2010
Police are searching for an unidentified man who robbed the Comfort Inn at 2100 West Hundred Road on March 10. According to police, a masked man entered the
The Fantaroni family has owned and operated Comfort Inn & Suites Colonial (215 Charlton Road, 508-347-3306, www.sturbridgecomfortinn.com, $109-$200) since
A 46-year-old man was arrested Monday on suspicion of public intoxication after he was seen stumbling around a hallway with no pants on, banging on doors