Tag: Service Properties Trust
Service Properties Trust sells eight hotels for $45.3m
Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
Service Properties Trust terminates agreements with Marriott for 122 hotels
SVC Terminated Marriott Agreements for Failure to Meet 80% Termination Threshold for Cumulative Owner’s Priority Returns to SVC through August SVC Plans to Transfer the...
Service Properties Trust to transfer 103 hotels to Sonesta from IHG
-Rebranding Hotels to Sonesta Expected to Improve SVC Operating Results -IHG Failed to Pay Owner’s Priority Returns to SVC for July and August Service Properties Trust (Nasdaq:...
Service Properties Trust sells industrial property for $51m
Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at 555 Turnpike...
Service Properties Trust announces efforts to mitigate COVID-19 impact
Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy generally and...
Service Properties Trust announces new agreements with Marriott
-Combines Three Existing Agreements, Extends Term, Increases Credit Support, Provides for Renovation and Sale of Certain Hotels Service Properties Trust (Nasdaq: SVC) has entered agreements...
Service Properties Trust sells 123 net lease properties for $435m
-Service Properties Trust Completes the Sale of 123 Net Lease Properties for $435 Million -Reaches Target of $500 Million of Net Lease Asset Sales Service Properties...
Service Properties Trust sells office property in Las Vegas for $57m
Service Properties Trust has sold a 138,558 square foot office property located at 1505 South Pavilion Center in Las Vegas, Nevada for $57.0 million,...
