NORFOLK, NE, Jul 12, 2010 (MARKETWIRE via COMTEX) -- Supertel Hospitality, Inc. (Supertel), a real estate investment trust (REIT) which owns 111 hotels in 23 states, announced today that it closed on the sale of three hospitality properties during the past 35 days. Combined net proceeds from the sales totaled $3.02 million, which were used by Supertel to reduce balances on the company's credit facilities.
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