Market Overview

Chatham Buys Courtyard by Marriott Houston Medical Center for $34.75M

Related CLDT
Cantor Fitzgerald: 4 Buy Rated Hotel REITs To Consider
4 Hotel Stocks JMP Securities Thinks Will Outperform The Market
Notable earnings before Wednesday's open (Seeking Alpha)

Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on upscale extended-stay hotels and premium- branded, select-service hotels, today announced that it has acquired the three-year-old Courtyard by Marriott Houston Medical Center hotel in Houston, Texas for $34.75 million. The company funded the acquisition under its secured revolving credit facility.

Posted-In: News M&A


Related Articles (CLDT)

Get Benzinga's Newsletters