American Hotel Income Properties REIT LP completes portfolio acquisition of three Marriott-branded, select-service hotels in Florida for US$30.8 Million PR Newswire VANCOUVER, Aug. 6, 2015 VANCOUVER , Aug. 6, 2015 /PRNewswire/ – American Hotel Income Properties REIT LP (” AHIP “) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a portfolio of three Marriott-branded, select-service hotel properties (the ” Acquisition Properties “) for an aggregate purchase price of US$30.8 million excluding approximately US$3.2 million for brand-mandated property improvement plans (the ” PIPs “), approximately US$1.0 million for the defeasance of existing loans (” Defeasance “) and before customary closing and post-acquisition adjustments […]