ATLANTA Lodgian, Inc. announced the sale of two properties, one hotel under construction and one land parcel. The sales are in line with its asset disposition program implemented primarily to reduce debt, as well as improve working capital. Total proceeds from the two transactions were approximately $18 million, bringing total properties sold in 2000 to $23 million and total gross proceeds generated from asset sales to $209 million. (1/2/01) Source: PR Newswire
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