BRIEF-Sotherly Hotels Defaults on Mortgage for Georgian Terrace Hotel in Atlanta

Reuters
03 Jul
BRIEF-<a href="https://laohu8.com/S/SOHOO">Sotherly Hotels</a> Defaults on Mortgage for Georgian Terrace Hotel in Atlanta

July 2 (Reuters) - Sotherly Hotels Inc SOHO.O:

  • SOTHERLY HOTELS INC. ANNOUNCES NOTICE OF DEFAULT ON MORTGAGE LOAN SECURED BY THE GEORGIAN TERRACE HOTEL IN ATLANTA

  • SOTHERLY HOTELS INC - SOHO ATLANTA LLC IN DEFAULT UNDER NOTE AND LOAN DOCUMENTS

  • SOTHERLY HOTELS INC - DIRECT FINANCIAL OBLIGATION ESTIMATED AT $38 MILLION

  • SOTHERLY HOTELS INC - ENGAGES CONSULTANT TO NEGOTIATE MORTGAGE LOAN EXTENSION

Source text: ID:nGNX4gZJ96

Further company coverage: SOHO.O

((Reuters.Briefs@thomsonreuters.com;))

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