{"id":390276,"date":"2020-12-01T06:33:18","date_gmt":"2020-12-01T11:33:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390276"},"modified":"2020-12-01T06:33:18","modified_gmt":"2020-12-01T11:33:18","slug":"chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/","title":{"rendered":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Chatham Lodging Trust Completes Opportunistic Sale <\/b><b>of Residence Inn by Marriott San Diego Mission Valley<\/b><\/p>\n<p class=\"bwalignc\"><i>Sale Highlights Portfolio Value, Liquidity Position Among Top Lodging REITs<\/i><\/p>\n<p>WEST PALM BEACH, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nChatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels, has completed the sale of the 192-room Residence by Marriott San Diego Mission Valley for $67 million, or approximately $349,000 per room, to the San Diego Housing Commission (SDHC). Proceeds from the sale will be used to repay the $27 million mortgage on the hotel. After sales related expenses, including Marriott termination fees, remaining net proceeds of approximately $38 million will be used to repay credit facility borrowings.\n<\/p>\n<p>\n\u201cConsistent with the guiding principles we established at our IPO in 2010, we choose to be opportunistic with respect to acquisitions and dispositions, and this successful sale at a very attractive valuation is a perfect example of that strategy,\u201d highlighted Jeffrey H. Fisher, Chatham\u2019s president and chief executive officer. \u201cWe acquired this hotel out of the Innkeepers bankruptcy in 2011 when NOI was $2.9 million, and since our acquisition, average annual NOI was approximately $4.4 million through 2019, roughly 50 percent higher. We generated an annual unleveraged return on this investment of approximately 9.5 percent. Now we are selling this asset at an approximate 6.5 percent cap rate on 2019 NOI and will use the net proceeds to enhance liquidity in the near-term and provide dry powder to pursue attractive distressed opportunities in the future. This has been a home-run investment for Chatham and is a win\/win for both Chatham and the SDHC.\u201d\n<\/p>\n<p>\nChatham has estimated liquidity of $146 million, including cash of approximately $32 million as of September 30, 2020 and remaining borrowing capacity on the credit facility of $114 million. Based on cash used before capital expenditures of $1.6 million in September 2020 and making the assumption that there are no meaningful changes from September operating levels, the company would have approximately 91 months of liquidity remaining, providing liquidity into 2028.\n<\/p>\n<p>\nPro forma for this sale and the pending sale of the joint venture with Colony Capital, Chatham\u2019s key credit ratios are significantly enhanced. Pro forma leverage goes to 35 percent from 38 percent based on the ratio of the company\u2019s pro forma net debt to hotel investments at cost as of September 30, 2020, and Chatham\u2019s pro forma 2019 net debt to EBITDA ratio decreases an entire point to 4.7x compared to 5.7x.\n<\/p>\n<p>\n\u201cWe constantly seek ways to protect long-term value for our equity holders, and with this sale, we further solidify our financial position which should propel Chatham to come out the other side of this pandemic healthier than many of our lodging REIT peers,\u201d stated Dennis Craven, Chatham\u2019s chief operating officer. \u201cWe have produced the highest absolute RevPAR of all lodging REITs over the past two quarters, and given our portfolio quality and premium locations, we believe we will be one of the first lodging REITs to return to pre-pandemic levels.\u201d\n<\/p>\n<p><b>About Chatham Lodging Trust<\/b><\/p>\n<p>\nChatham 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 85 hotels totaling 11,848 rooms\/suites, comprised of 39 properties it wholly owns with an aggregate of 5,900 rooms\/suites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 rooms\/suites. Additional information about Chatham may be found at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fchathamlodgingtrust.com%2F&amp;esheet=52339771&amp;newsitemid=20201201005141&amp;lan=en-US&amp;anchor=chathamlodgingtrust.com&amp;index=1&amp;md5=b50fe130619126faa0687257e0d71775\">chathamlodgingtrust.com<\/a>.\n<\/p>\n<p><i>Included in this press release are certain \u201cnon-GAAP financial measures,\u201d within the meaning of Securities and Exchange Commission (SEC) rules and regulations, that are different from measures calculated and presented in accordance with GAAP (generally accepted accounting principles). The company considers the following non-GAAP financial measures useful to investors as key supplemental measures of its operating performance: (1) FFO, (2) Adjusted FFO, (3) EBITDA, and (4) Adjusted EBITDA. These non-GAAP financial measures could be considered along with, but not as alternatives to, net income or loss, cash flows from operations or any other measures of the company\u2019s operating performance prescribed by GAAP.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201201005141\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201201005141\/en\/<\/a><\/span><\/p>\n<p>\nDennis Craven (Company)<br \/>\n<br \/>Chief Operating Officer<br \/>\n<br \/>(561) 227-1386\n<\/p>\n<p><b>KEYWORDS:<\/b> California Florida United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Commercial Building &amp; Real Estate Construction &amp; Property REIT Building Systems Other Travel Lodging Other Construction &amp; Property Destinations Residential Building &amp; Real Estate Travel<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201201005141\/en\/598083\/3\/Chatham_-_New_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley Sale Highlights Portfolio Value, Liquidity Position Among Top Lodging REITs WEST PALM BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; 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, has completed the sale of the 192-room Residence by Marriott San Diego Mission Valley for $67 million, or approximately $349,000 per room, to the San Diego Housing Commission (SDHC). Proceeds from the sale will be used to repay the $27 million mortgage on the hotel. After sales related expenses, including Marriott termination fees, remaining net proceeds of approximately $38 million will be used to repay credit facility borrowings. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390276","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley Sale Highlights Portfolio Value, Liquidity Position Among Top Lodging REITs WEST PALM BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; 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, has completed the sale of the 192-room Residence by Marriott San Diego Mission Valley for $67 million, or approximately $349,000 per room, to the San Diego Housing Commission (SDHC). Proceeds from the sale will be used to repay the $27 million mortgage on the hotel. After sales related expenses, including Marriott termination fees, remaining net proceeds of approximately $38 million will be used to repay credit facility borrowings. &hellip; Continue reading &quot;Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-01T11:33:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley\",\"datePublished\":\"2020-12-01T11:33:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/\"},\"wordCount\":742,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/\",\"name\":\"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2020-12-01T11:33:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/","og_locale":"en_US","og_type":"article","og_title":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk","og_description":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley Sale Highlights Portfolio Value, Liquidity Position Among Top Lodging REITs WEST PALM BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211; 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, has completed the sale of the 192-room Residence by Marriott San Diego Mission Valley for $67 million, or approximately $349,000 per room, to the San Diego Housing Commission (SDHC). Proceeds from the sale will be used to repay the $27 million mortgage on the hotel. After sales related expenses, including Marriott termination fees, remaining net proceeds of approximately $38 million will be used to repay credit facility borrowings. &hellip; Continue reading \"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T11:33:18+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley","datePublished":"2020-12-01T11:33:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/"},"wordCount":742,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/","name":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2020-12-01T11:33:18+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005141r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/chatham-lodging-trust-completes-opportunistic-sale-of-residence-inn-by-marriott-san-diego-mission-valley\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Chatham Lodging Trust Completes Opportunistic Sale of Residence Inn by Marriott San Diego Mission Valley"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/390276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=390276"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/390276\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=390276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=390276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=390276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}