HALIFAX, NS, June 13, 2022 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI) (TSX: CKI.DB) is pleased to announce that it has acquired the Stanford Inn & Suites located in Grande Prairie, Alberta for a purchase price of $11.6 million. The purchase price implies a proforma cap rate in excess of 14% based on proforma net operating income1.
Read more at newswire.caClarke Inc. announces acquisition of the Stanford Inn & Suites in Grande Prairie, Alberta and renovation of the Sternwheeler Hotel and Conference Center in Whitehorse, Yukon
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