Real Estate Strategies invests $30M in Supertel

NORFOLK, NE-The REIT is “quite comfortable” with the investment by Real Estate Strategies and eagerly anticipates moving its business plan forward, president and CEO Kelly Walters tells GlobeSt.com.

By Miriam Lamey | February 01, 2012 at 12:04 PM

NORFOLK, NE-Slow and steady is the new mantra for the hotel industry and Supertel Hospitality is chiming in to chant, according to president and CEO Kelly Walters. Shareholders with the company recently approved Real Estate Strategies’(RES) $30M investment which will not only open the REIT to more acquisition opportunities but also gives it an international edge; RES is a subsidiary of the Argentinian-based Inversiones y Representaciones Sociedad An

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