Sunstone Hotel Investors, a real estate investment trust based in Aliso Viejo, California, owns 14 hotels with 6,675 rooms across six states and Washington, DC. The company partners with third-party managers, including Marriott and Hyatt, under long-term agreements.
Robert A Alter bought 30,000 shares of SHO on 11 August at $6.00 per share, worth a total of $180K. They now own 120,954 SHO shares, or a 33% holding increase.
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