FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 117-room Morgans New York hotel for gross proceeds of $37 million. FelCor will use net proceeds to repay borrowings under its line of credit.
Source: New feed
FelCor Lodging Trust Incorporated (NYSE: FCH) yesterday announced that it has sold its 117-room Morgans New York hotel for gross proceeds of $37 million. FelCor will use net proceeds to repay borrowings under its line of credit.
Source: New feed