Last €5.77 EUR
Change Today +0.057 / 1.00%
Volume 0.0
MCL On Other Exchanges
As of 2:08 AM 07/29/14 All times are local (Market data is delayed by at least 15 minutes).

sotherly hotels inc (MCL) Snapshot

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07/7/14 - €5.80
52 Week Low
08/28/13 - €3.06
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sotherly hotels inc (MCL) Details

Sotherly Hotels Inc. is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily own, acquire, renovate and reposition full-service, primarily upper upscale and upscale hotel properties. The firm was formerly known as MHI Hospitality Corp. Sotherly Hotels Inc. was founded in 1957 and is based in Williamsburg, Virginia.

9 Employees
Last Reported Date: 03/25/14
Founded in 1957

sotherly hotels inc (MCL) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $524.9K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $356.0K
Chief Financial Officer, Vice President and C...
Total Annual Compensation: $258.0K
Total Annual Compensation: $295.0K
Compensation as of Fiscal Year 2013.

sotherly hotels inc (MCL) Key Developments

Sotherly Hotels Inc. Ratifies the Appointment of Grant Thornton LLP as the Independent Registered Public Accounting Firm

Annual Meeting of Stockholders of Sotherly Hotels Inc. will be held on April 22, 2014. The company ratifies the appointment of Grant Thornton LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2014.

SoTHERLY Hotels Inc. Declares Quarterly Cash Dividend, Payable on October 15, 2014

SoTHERLY Hotels Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.065 per common share of beneficial interest. The quarterly dividend will be paid on October 15, 2014 to shareholders of record as of October 2, 2014.

Sotherly Hotels Mulls Acquisitions

Sotherly Hotels Inc. (NasdaqGM:SOHO), which has filed for shelf registration in the amount of $23.4 million, is looking for acquisitions. The company stated, “Our operating partnership will subsequently use the net proceeds received from us for the repayment of outstanding indebtedness, acquisition of additional hotels, capital expenditures, the improvement of hotels in our portfolio, working capital and other general purposes. We have not determined the amount of net proceeds to be used specifically for such purposes.”


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