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BRIEF-Sotherly Hotels ‍entered into deal to purchase commercial unit of planned hyde beach house resort & residences for $5.10 mln
June 7, 2017 / 1:17 PM / 6 months ago

BRIEF-Sotherly Hotels ‍entered into deal to purchase commercial unit of planned hyde beach house resort & residences for $5.10 mln

June 7 (Reuters) - Sotherly Hotels Lp

* Sotherly hotels - ‍entered into deal to purchase commercial unit of planned hyde beach house resort & residences for $5.10 million - sec filing​

* Sotherly hotels- deal includes pre-opening services agreement whereby seller agreed to pay co $0.75 million in connection with certain pre-opening activities​

* Sotherly hotels lp - ‍hyde beach house resort & residences is a new development in hollywood, florida slated to open in q2 of 2019​ Source text for Eikon: Further company coverage:

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