Caliber Announces Second Contribution to Caliber Hospitality Trust
has agreed to contribute nine hotel properties to its subsidiary, Caliber Hospitality Trust (“CHT”), an externally advised private hospitality corporation.
- has agreed to contribute nine hotel properties to its subsidiary, Caliber Hospitality Trust (“CHT”), an externally advised private hospitality corporation.
- marks CHT’s second contribution of assets, which, upon transaction closing, will grow CHT’s assets under management (“AUM”) to $405 million.
- The Caliber Hospitality Trust offers these potential benefits to contributors who also see a moment in time when distressed assets may offer discounted purchase prices.
- Forty years later, our dreams are coming true, and now we have more exciting opportunities ahead by partnering with Caliber Hospitality Trust.