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Home Industry News Ashford Prime Announces Planned Sale Of Courtyard Seattle Downtown
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Ashford Prime Announces Planned Sale Of Courtyard Seattle Downtown

May 23, 20161 Mins read554
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DALLAS, May 23, 2016 -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") announced today that it has entered into a definitive agreement to sell the 250-room Courtyard Seattle Downtown for $84.5 million in cash ($338,000 per key). The purchase price represents a trailing 12-month cap rate of 6.7% on net operating […]

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