SPPR, Supertel Hospitality, Inc. ** SPPR reported that it has sold the 64-room Comfort Suites hotel in Dover, Delaware on December 14, 2012 for $1.9 million.The hotel was previously secured with the Greenwich Capital loan and was unencumbered as part of the recent loan refinancing. Supertel will use the proceeds from the sale for general corporate purposes and to fund future growth.
SPPR is a self-administered real estate investment trust that specializes in the ownership of select-service hotels.More about SPPR at
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