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January 11, 2024. 11:52 AM. Morguard Corp. is offloading the majority of its Canadian hotels as the company shifts its focus to its core real estate investments, including office, industrial, and retail properties. The real estate company announced this week that it has inked a $410M deal to sell a portfolio of 14 hotels across Ontario and Nova.
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MISSISSAUGA, Ont. - Morguard Corp. says it has signed a deal to sell a portfolio of 14 hotels for $410 million as part of its plan to focus on its core real estate investments, including office.
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Published: Jan. 8, 2024 at 8:24 a.m. ET. By Adriano Marchese. Morguard said it will sell a portfolio of 14 hotels for 410 million Canadian dollars ($306.8 million) as it looks to optimize its real.
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Hyatt Hotels Co. (NYSE:H - Get Free Report) insider Jnp Parachute Mirror Trust L sold 66,701 shares of the firm's stock in a transaction that occurred on Tuesday, January 9th.The shares were sold at an average price of $126.21, for a total transaction of $8,418,333.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
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MISSISSAUGA, Ont. — Morguard Corp. says it has signed a deal to sell a portfolio of 14 hotels for $410 million as part of its plan to focus on its core real estate investments, including office.
