Departments: REIT Snapshot
RLJ Lodging Trust is taking on an agressive capital recylcing program. The hotel REIT sold a dozen assets in the first quarter of 2014 and is looking to boost its presence in ports of entry for international travelers.
Since the purchase of a single hotel in Harrisburg, Pa., in 1984, a guiding notion has led Hersha Hospitality Trust (NYSE: HT) to where it is today—that upscale hotel accommodations don’t need to include a full range of services.
The list of amenities and social experiences offered at purpose-built student housing communities is a far cry from what many people associate with their college years.
Cedar hired Bruce Schanzer as the company’s president and CEO, and upon taking the helm, it was apparent to him that Cedar needed to redefine its strategy.
For First Capital Realty, the common creature comforts of day-to-day life are what drives its business.
Amy Tait leads Broadstone on its ever-growing path.
Alan Gold breathed life into a then-underserved sector of the real estate market when he founded Goldstone Real Estate Finance and Investments in 1989.
Summit’s strategic goal: Own a nationwide network of upscale, premium-branded, select-service hotels clustered in the top 50 U.S. metropolitan statistical areas.
An acquisition program introduced in 2010 is helping to stimulate the company’s growth.
CreXus got its start in 2009 to take advantage of the opportunities to buy commercial real estate-related assets that those troubled times presented.