ATLANTA, Aug. 5 /PRNewswire-FirstCall/ -- Lodgian, Inc. (NYSE Alternext US: LGN), one of the nation's largest independent hotel owners and operators, today reported results for the 2009 second quarter ended June 30, 2009.
Second Quarter 2009 Highlights
-- Obtained maturity extensions on $120 million of mortgage debt which matured July 1, 2009, with the terms of the extensions ranging from 90 days to three years.
-- Sold two hotels during the 2009 second quarter for gross proceeds of $13.9 million.
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