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News and Information Article
SAN CLEMENTE, Calif., Dec. 28 /-FirstCall/ -- Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that it has completed the previously announced sale of 599,355 shares of common stock to Security Capital Preferred Growth Incorporated. The securities were issued in a private placement exempt from the registration requirements of the Securities Act of 1933. About Sunstone Hotel Investors, Inc. Sunstone Hotel Investors, Inc. is a Southern California-based lodging real estate investment trust (REIT). The Company owns 60 hotels with an aggregate of 17,333 rooms primarily in the upper-upscale and upscale segments operated under franchises from nationally recognized brands such as Marriott, Hyatt, Hilton, InterContinental and Fairmont. For Additional Information: Bryan Giglia Director of Finance Sunstone Hotel Investors, Inc. (949) 369-4236 Amy Cozamanis Investor/Analyst Information Financial Relations Board (310) 854-8314 Laurie Berman General Information Financial Relations Board (310) 854-8315
 
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