other material
confidence high
sentiment neutral
materiality 0.25
Sotherly Hotels extends mortgage on Philadelphia Airport DoubleTree to Feb 29, 2024
Sotherly Hotels Inc.
- Loan amendment with TD Bank extends maturity of DoubleTree by Hilton Philadelphia Airport mortgage by one month.
- Maturity date moved from January 29, 2024 to February 29, 2024.
- Loan continues to be guaranteed by Sotherly Hotels LP.
- Property is the DoubleTree by Hilton Philadelphia Airport hotel.