Friday, December 8, 2017

Chatham Lodging Announces Monthly Dividend



Dennis Craven
WEST PALM BEACH, FL, Dec. 8, 2017—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 136 hotels wholly or through joint ventures, today announced that its board of trustees has declared a monthly common share dividend of $0.11 for December 2017. 

The common dividend is payable January 26, 2018, to shareholders of record on December 29, 2017.
Chatham Lodging Trust is a self-advised, publicly-traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.

The company owns interests in 136 hotels totaling 18,661 rooms/suites, comprised of 41 properties it wholly owns with an aggregate of 6,163 rooms/suites in 15 states and the District of Columbia and a minority investment in two joint ventures that own 95 hotels with an aggregate of 12,498 rooms/suites.

 Additional information about Chatham may be found at www.chathamlodgingtrust.com.

For more information on this transaction, please contact:

PATRICK DALY
OFFICE MANAGER
DALY GRAY PUBLIC RELATIONS, INC.
620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-300-8289
 or
Dennis Craven
Chatham Lodging Trust
(Company)
(561) 227-1386 


Cushman & Wakefield Lists 352-Unit Plantation at Walden Lake Garden Apartment Community in Plant City, FL



Plantation at Walden Lake Garden Apartments, Plant City, FL

PLANT CITY, FL  -- Plantation at Walden Lake is a 352-unit, garden apartment community located in Plant City / Tampa MSA, Florida. The property was constructed in phases from 1990-1994, consisting of 23, two-story apartment buildings situated on 43+ acres.

The Property offers a mix of well-appointed one-, two- and three-bedroom apartments along with a comprehensive array of recreational and community amenities.

Plantation at Walden Lake has had the benefit of attentive, professional management and the property is in excellent physical condition.

During the past 3 years, the seller has invested $1.8 million in capital improvements, including community amenity enhancements and interior updates to 43 (12%) of the units. The significant number of un-renovated units positions Plantation at Walden Lake as an exciting value-add investment opportunity. 

For more information on this transaction, please contact:

Cushman & Wakefield | Tampa
One Tampa City Center
Suite 3300
Tampa, FL  33602
Phone:  (813) 223-6300


Lincoln Property Company Negotiates Expansion Lease at Airport Business Center in East Orlando, FL for Professional Accounting Firm



Sean DuPree
ORLANDO, Fla. – Lincoln Property Company Southeast, a full service commercial real estate firm based in Orlando, recently completed a long term lease that facilitated a tenant’s expansion, nearly doubling its previous space at Airport Business Center in east Orlando.

Sean DuPree, CCIM, Broker at Lincoln Property, negotiated the transaction representing the Louisville, Colo.-based Landlord RCS--Orlando Airport 371 LLC.

Tenant Jerez Professional Services, LLC, an accounting firm that specializes in corporate tax returns, is relocating from unit 5840C with 971 square feet to unit 5746 with 1,788 square feet at the center located at 5730-5892 S. Semoran Blvd.  
 
For more information on this transaction, please contact:

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc. Lvershelco@aol.com

 407-644-4142

Hold-Thyssen and Ocala Ranches closed on $825,000 Sale of Horse Farm that produced first Florida-bred Kentucky Derby Winner


Needles Gets a Treat from a Bonnie Heath Farms Admirer in Ocala, FL

REDDICK, Fla. – Hold-Thyssen, a full service real estate firm based in Winter Park, along with Ocala ranches, recently handled the $825,000 sale of Bonnie Heath Farms, a 78-acre horse farm located at 7145 NW125th Street Rd. in Reddick just north of Ocala in Marion County.

Bob Hold, principal at Hold-Thyssen along with George DeBenedicty of Ocala Ranches who listed the property, brokered the transaction on behalf of the local seller, Land Holding, LLC and the buyer, J. Shondel.  

Bonnie Heath Farms produced “Needles” – the first Florida-bred horse to win the Kentucky Derby in 1984.

 Headquartered in Winter Park, Fla., Hold-Thyssen provides commercial property brokerage and leasing and management services to institutional and private investor clients nationwide.  The 40-year old firm’s current portfolio includes more that 100 commercial properties throughout the United States.

For more information on this transaction, please contact

 Larry Vershel or Beth Payan, Larry Vershel Communications Inc. 407-644-4142 Lvershelco@aol.com