Chatham Lodging Announces Monthly Dividend

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WEST PALM BEACH, Fla., July 8, 2016— Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 133 hotels wholly or through joint ventures, today announced that its board of trustees has declared a monthly common share dividend of $0.11 for July 2016.  

The common dividend is payable August 26, 2016, to shareholders of record on July 29, 2016. 

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

Patrick Daly

Office Manager

Daly Gray, Inc.

patrick@dalygray.com

Office:  (703) 435-6293

Cell:  (703) 300-8289

www.chathamlodgingtrust.com

HFF named to market for sale south central Pennsylvania retail power center

Franklin Center, 1320 Lincoln Way East, Chambersbourg, PA

Chris Munley

 PHILADELPHIA, PA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has been retained to market for sale Franklin Center, a 174,667-square-foot retail power center in the south central Pennsylvania community of Chambersburg.  

HFF is marketing the property on behalf of Coastal Equities.   

Renovated and redeveloped in 2015, Franklin Center is 96 percent occupied by a best-in-class tenant roster, including anchor tenants Dick’s Sporting Goods, Ulta Beauty, Petco, T.J. Maxx and Ollie’s Bargain Outlet.

 Additionally, the center has three separate potential inline and outparcel development sites totaling more than 27,000 square feet.  

Situated on 25 acres at 1320 Lincoln Way East, Franklin Center is in the region’s primary retail corridor of Lincoln Way East (Highway 30), which attracts shoppers from surrounding municipalities.  

The center is less than half a mile from Interstate 81, the most heavily traveled highway in the region.

The HFF investment sales team representing the seller is led by managing directors Chris Munley and Kevin O’Hearn, senior managing director Jose Cruz and associate director Michael DiCosimo

Kevin O'Hearn

"Franklin Center is a unique acquisition opportunity in the current marketplace, having both a preeminent tenant roster with newly-executed, long-term leases to some of the top-performing brands in retail while still offering significant remaining upside to substantially grow property-level NOI over the course of the hold period," Munley said.

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

Kristen M. Murphy

Director, Marketing

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

http://www.coastalequities.com.

HFF closes sale and arranges financing for Ashworth by the Sea in Hampton Beach, NH

Ashworth by the Sea Hotel, 295 Ocean Boulevard, Hampton Beach, NH

Denny Meikleham

BOSTON, MA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale and arranged financing for Ashworth by the Sea, a 107-room, oceanfront hotel located in the New Hampshire Seacoast community of Hampton Beach. 

HFF marketed the property on behalf of the seller, XSS Hotels, and procured the buyer, Linchris Hotel Corporation.  

Additionally, HFF assisted the new owner in securing the seven-year, fixed-rate acquisition financing through Middlesex Savings Bank.  The hotel was sold unencumbered by management.

Ashworth by the Sea is the only full-service oceanfront hotel in the state of New Hampshire.  Hotel guests can choose from 106 guestrooms and suites, most offering ocean views and private balconies; and one detached cottage.

 The recently-renovated property features three food and beverage outlets, including Breakers Restaurant and Bar, Wharfside Café and Sandbar Rooftop Lounge.  Hotel guests have access to an indoor heated pool, fitness center, sundry shop, business center and more than 6,000 square feet of event space across five meeting rooms. 

The immediate area surrounding the hotel is a classic tourist destination, featuring leisure amenities such as the Ocean Gaming Casino, Seashell Stage, Casino Ballroom and Playland Arcade. 

The beach community draws tourists in through a busy events calendar full of free nightly concerts, weekly fireworks, festivals including the Master Sand Sculpting Competition, the Children’s Festival and the Annual Seafood Festival. 

Alan Suzuki

Situated at 295 Ocean Boulevard, Ashworth by the Sea is positioned 13 miles south of Portsmouth, 37 miles east of Manchester and 50 miles north of Boston on New Hampshire’s Seacoast.  

The HFF investment sales team representing the seller was led by managing director Denny Meikleham and director Alan Suzuki.

HFF’s debt placement team representing the buyer was led by director Greg LaBine.

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

Kristen M. Murphy

Director, Marketing

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com

www.linchris.com.

www.xsshotels.com

HFF closes sale of and arranges financing for Greater Boston area grocery-anchored shopping center

  

Hood Commons Shopping Center, 55 Crystal Avenue, Derry, NH

Jim Koury

BOSTON, MA –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of and arranged financing for Hood Commons, a 208,805-square-foot, grocery-anchored shopping center in Derry, New Hampshire.

HFF marketed the property on behalf of the seller, NG Hood Commons LLC, and procured the buyer, an affiliate of New York-based Northeast Capital Group.  Additionally, HFF assisted the new owner in securing a 70 percent loan-to-value, 3.79 percent, 10-year, fixed-rate acquisition loan with additional good news fundings.

Hood Commons occupies a 23-acre site at 55 Crystal Avenue in Derry, New Hampshire, a bedroom community just 32 miles north of Boston.  Fronting the heavily traveled Route 28, the property has daily traffic counts of 15,000 cars per day and has a five-mile demographic profile of nearly 60,000 people with an average household income of more than $90,000. 

The property is two miles from Interstate 93, allowing the site to draw from a broad geographic region including communities in both northern Massachusetts and southern New Hampshire.  Renovated in 2015, Hood Commons is 86 percent leased to tenants including Shaw’s Supermarket, Big Lots, Tractor Supply Co., Planet Fitness and Sally Beauty.

The HFF investment sales team representing the seller was led by senior managing director Jim Koury.

HFF’s debt placement team was led by director Porter Terry.

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

Kristen M. Murphy

Director, Marketing

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com