- A 130-room Hilton Garden Inn, Birmingham (Liberty Park), AL for a purchase price of $11.9 million including planned property improvements and a post-renovation, NTM capitalization rate in the range of 8.5 to 9.5 percent.
This hotel REIT should be attractive to income investors.
Experts see global terrorism,the Zika virus and weak corporate earnings growth hitting the lodging sector hard in the next two years. Is it time to check out of hotel stocks?
Looking for relatively safe 15% to 25% gains in the commercial real estate sector? Read on.