Sotherly Hotels, which has a baby bond outstanding as well as 2 preferred issues reported strong earnings this morning.
Sotherly, which is a lodging REIT, has revenue per available room which was higher this year by 11% compared to last year–stellar. Funds from Operations (FFO)–a REIT metric, were 46 cents/share versus 29 cents/share a year ago.
Glad to hear this. I recently got into SOHOO at $25.00. Now at $25.14. SOHOO has a coupon of 7.87%
Hi xwords–certainly a good holding for now.
I wonder why sohoo so much cheaper than sohok?