Home Ashford Hospitality Trust Announces Acquisition Of Pier House Resort and Spa For $90 Million
 

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Ashford Hospitality Trust Announces Acquisition Of Pier House Resort and Spa For $90 Million

2013-05-08 01:27:20| Jewelry - Topix.net

Acquired at a trailing 12-month cap rate of 6.2% and trailing 12-month EBITDA yield of 7.0% Purchase price equates to a forward 12-month cap rate of 7.6%, forward 12-month EBITDA yield of 8.5%, and a forward 12-month EBITDA multiple of 11.8x Ashford Hospitality Trust, Inc.

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