Posts Tagged ‘Mid-Atlantic’

MHI Hospitality Corporation Receives Economic Development Award for Hampton, VA Asset

Thursday, October 30th, 2008

MHI Hospitality Corporation announced today that the Company received the Stakeholder of the Year Award for the Crowne Plaza Hampton Harborside. The award was presented by the Downtown Hampton Development Partnership in recognition of a business or individual that contributed significantly to the city’s new development or redevelopment over the past year. The Stakeholder [...]

MHI Hospitality Corporation Closes Acquisition of Hampton, Virginia Asset

Sunday, April 27th, 2008

MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]

Rivendell, Ocean City Maryland’s Most Anticipated Waterfront Condominium, is Host to More Than 200 Realtors® at Open House

Sunday, May 27th, 2007

The Buccini/Pollin Group and REMAX Premier Properties/MARK FRITSCHLE GROUP announced that they hosted an open house for the Ocean City, Maryland Real Estate community, Tuesday, May 22. The all day event gave the, more than 200 REALTORS® in attendance, an inside look at the Rivendell, the “beach’s” newest most elegant waterfront condominium building.
“We were very [...]

Home Properties Announces Redemption of 9.00% Series F Preferred Stock

Sunday, February 18th, 2007

Home Properties, Inc. announced that it gave notice on February 7, 2007 that it will redeem on March 26, 2007 (the “Call Date”) all of its 2,400,000 outstanding shares of Series F Preferred Stock at a price of $25.00 per share plus accrued dividends of $0.1625 per share to the Call Date, for a total [...]

Home Properties Declares Dividends

Thursday, February 8th, 2007

Home Properties declared a regular dividend on the Company’s common shares of $0.65 per share for the quarter ended December 31, 2006. The dividend is payable on February 28, 2007 to shareholders of record on February 16, 2007 and is equivalent to an annualized rate of $2.60 per share. The current annual dividend represents a [...]

Cedar Shopping Centers to Present at The Citigroup 2007 Global Property CEO Conference; Revises Reporting Date for Fourth Quarter and Year-end 2006 Financial Results to March 6, 2007

Wednesday, February 7th, 2007

Cedar Shopping Centers, Inc., announced that the Company is revising the date and time that it will release financial results for the three months and full year ended December 31, 2006 to Tuesday, March 6, 2007 after the market close. The Company has also updated the date and time of its earnings conference call to [...]

Cedar Shopping Centers Declares Dividends on Common and Preferred Stock

Friday, January 26th, 2007

Cedar Shopping Centers, Inc. announced that its Board of Directors has approved the payment of a dividend of $0.225 per share of the Company’s Common Stock, payable on February 20, 2007 to shareholders of record as of the close of business on February 9, 2007.
It is expected that the dividend will be continued at the [...]

Cedar Shopping Centers to Report Fourth Quarter and Year-End 2006 Financial Results On March 7, 2007

Friday, January 26th, 2007

Cedar Shopping Centers, Inc., today announced that it will release financial results for the three months and full year ended December 31, 2006, after the market closes on Wednesday, March 7, 2007. The Company will host a conference call on Thursday, March 8, 2007 at 11:00 AM Eastern time to discuss the financial results.
A live [...]

Ashford Hospitality Trust to Acquire 51-Hotel Portfolio for $2.4 Billion

Saturday, January 20th, 2007

Ashford Hospitality Trust, Inc. :
Acquisition Highlights:
* Comprised of 24 full-service, upper-upscale hotels and 27 premium select-service hotels in 31 markets across 18 states, the District of Columbia and Canada
* Significantly diversifies Ashford’s asset portfolio in terms of geography, brand and management company mix
* [...]

DiamondRock Announces It Has Entered Into an Agreement to Purchase the Westin Boston Waterfront Hotel

Thursday, January 11th, 2007

DiamondRock Hospitality Company announced that it has entered into a definitive agreement with a Boston based developer to acquire the leasehold interest in the recently built 793-room Westin Boston Waterfront Hotel, which is attached to the recently built convention center in downtown Boston, Massachusetts. In addition to the Westin Boston Waterfront Hotel, the acquisition [...]

21 New Travel Management Companies to Deliver the Rearden Commerce Total Travel Experience(TM)

Tuesday, July 18th, 2006

Today at the 2005 National Business Travel Association (NBTA) Convention & Tradeshow, Rearden Commerce, Inc., the largest online marketplace for services of all kinds, announced the significant expansion of the company’s Distributor Program, with 21 new regional travel management companies (TMCs) joining forces with Rearden to deliver the Total Travel Experience(TM). By joining the program, [...]