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SOHO > SEC Filings for SOHO > Form 8-K on 17-Jan-2014All Recent SEC Filings

Show all filings for SOTHERLY HOTELS INC.

Form 8-K for SOTHERLY HOTELS INC.


17-Jan-2014

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement.

On January 13, 2014, Sotherly Hotels Inc., the sole general partner of Sotherly Hotels LP, entered into an agreement to acquire an independent full-service hotel in Atlanta, Georgia (the "Hotel") for the aggregate purchase price of approximately $61 million. The closing of the acquisition is subject to various customary closing conditions, including satisfactory completion of a diligence review of the Hotel, the accuracy of representations and warranties through closing, and conditions related to the operation and maintenance of the Hotel.


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