Friday, July 12, 2013

Chatham Lodging Trust Acknowledges 13D Filing

PALM BEACH, FL, July 12, 2013 -- Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded select-service hotels, acknowledged today’s Schedule 13D filing by HG Vora Capital Management and affiliates reporting a 9.8 percent stake in the Chatham and their interest in having discussions with the company about a potential privatization.

HG Vora Capital had previously filed a Schedule 13G reporting a 7 percent stake in Chatham in January 2013. 

Chatham’s Board and management are committed to building long-lasting value for all Chatham stockholders.  As a matter of corporate policy, Chatham does not comment on market rumors or speculate on the intentions or future actions of our stockholders.

For a complete copy of the company’s news release, please contact:

Chris Daly
Daly Gray, Inc.
Ph: 703-435-6293
Cell: 703-864-5553

EagleBridge Capital Arranges $3.8 Million for One United Drive Solar Installation in West Bridgewater, MA

         One United Drive, West Bridgewater, MA

Boston, MA --  EagleBridge Capital, working exclusively on behalf of its client, has arranged long term financing in the amount of $3,800,000 for a 2,144 KW rooftop solar installation for One United Drive, a 315,000 square foot manufacturing/distribution building, located in West Bridgewater, Massachusetts. 

Brian Sheehan
One United Drive is one of the largest rooftop solar industrial building installations in New England.

The financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Massachusetts based financial institution.

Eaglebridge Capital has arranged over $25,000,000 in solar energy financing for a diverse range of properties including office and industrial buildings, schools, and municipal buildings.

Ted Sidel
Sheehan and Sidel stated “.We have developed an expertise in the financing of solar energy projects. Few, if any, financing professionals have arranged financing for as many projects as we have”.

Previously, EagleBridge had arranged $10,075,000 in permanent mortgage financing for One United Drive whose major tenants include Cheer Pack North America which occupies 187,500 square feet and Federal Express which occupies 88,500 square feet.

 Cheer Pack North America is a leading developer and manufacturer of proprietary spouted pouch packaging for the food and beverage industry.  One United Drive serves a regional distribution center for FedEx Ground.

For a complete copy of the company’s news release, please contact:

Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 14