WhereDaily News: Supertel Hospitality, Inc. Announces Sale of Stone Mountain Savannah Suites

NORFOLK, NE--(Marketwired - August 22, 2014) - Supertel Hospitality, Inc. (NASDAQ: SPPR), a real estate investment trust (REIT), today announced that it has sold the 140-room Savannah Suites in Stone Mountain, Georgia, on August 21, 2014 for $1.5 million. Supertel will use the proceeds from the sale to retire the mortgage on the property.

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